Mazzucato on Health For All

The video discusses the inadequacies of the current economic model, emphasizing the need for a global focus on health and equitable vaccine distribution. It highlights the importance of a new economic consensus, moving away from the Washington Consensus to the Cornwall Consensus. The speaker calls for global cooperation and a new social contract, stressing the urgency of action in the face of global challenges like the pandemic and climate change. The video concludes with a hopeful outlook, urging for directed finance and stakeholder value to drive meaningful change.

What does the introduction suggest about the current economic model in light of COVID-19?

• It is highly efficient and effective.

• It is outdated and insufficient.

• It is perfectly suited for global challenges.

• It is irrelevant to health issues.

Why is global vaccination emphasized as crucial in the second section?

• To increase profits for pharmaceutical companies.

• To prevent vaccine apartheid and ensure health for all.

• To reduce the cost of vaccines.

• To limit vaccine distribution to rich countries.

What is a major reason for the difficulty in vaccine distribution in some countries?

• Lack of interest in vaccines.

• High vaccination rates.

• Insufficient manufacturing capacity.

• Excessive vaccine supply.

What does the 'Cornwall Consensus' aim to replace?

• The Geneva Convention.

• The Washington Consensus.

• The Paris Agreement.

• The Kyoto Protocol.

What is the main focus of the new global social contract discussed in the final section?

• Reducing government intervention.

• Fostering collective action and mutual benefit.

• Promoting individualism.

• Increasing corporate profits.

What is the role of public-private partnerships according to the final section?

• To focus solely on private sector benefits.

• To maximize short-term profits.

• To limit access to health resources.

• To support diagnostics and vaccine distribution symbiotically.

What is the cost of inaction compared to action in global health and climate issues?

• Action is unnecessary.

• Inaction is cheaper than action.

• Both have the same cost.

• Inaction is more costly than action.