Capitalism's greatest weakness? It confuses price with value

May 24, 2018

A nurses poses at St Thomas' Hospital in central London January 28, 2015. Dearly-loved and overburdened, Britain's national health system has become the top issue for voters ahead of May's election, after winter brought headlines of ambulances queueing outside hospitals and patients languishing on trolleys for hours.The National Health Service (NHS) delivers care for free to the whole population from cradle to grave and accounts for a third of government spending on public services. Photograph taken January 28, 2015. REUTERS/Stefan Wermuth (BRITAIN - Tags: POLITICS HEALTH ELECTIONS) - LM1EB221DCK01

Time for a check-up: Public sector workers like nurses and teachers are undervalued Image: REUTERS/Stefan Wermuth

Mariana Mazzucato

Professor, University College London (UCL)

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Market value shouldn't be used to blindly justify inequalities Image: International Labour Organization, Global Wage Report 2016

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