The UK doesn’t just have one economy: it has three. They are the real economy, the sustainable economy, and the monetary economy. However, the government is fixated on the wrong one. In this video, I explain why the real economy matters more than the monetary economy, why sustainability needs to get a look in, and why Rachel Reeves seems to have no clue about almost any of this, at cost to us all.
TRANSCRIPT
A transcript for this video is available at: https://www.taxresearch.org.uk
0:00 – Introduction: Three Economies Explained
1:00 – The Real Economy: Paid & Unpaid Work
2:30 – Why Care, Volunteering, and Learning Matter
3:40 – The Sustainable Economy: Future-Proofing Society
5:00 – Net Zero, Climate, and Human Survival
6:15 – The Monetary Economy: Money vs. Well-Being
8:00 – The Government’s Narrow Obsession
9:30 – Consequences: Austerity, Neglect & Social Harm
10:30 – Call for Change: Focus on Real & Sustainable Economies
#ThreeEconomies #RealEconomy #SustainableEconomy #MonetaryEconomy #UKPolitics #RachelReeves #Austerity #NetZero #ClimateAction #EconomicJustice #PeopleOverProfits #FutureGenerations #CareWork #SocialValue
Credit to : Richard J Murphy