As the global financial system comes to terms with systemic risks such as climate change, nature loss and social inequality, do we need a fresh approach to understanding wealth generation?

Redefining wealth - do we need a fresh approach to understanding wealth generation?
3 April 2025
Article last updated 3 April 2025.
Presented by Max Richardson, Senior Director, Rathbones.
As the global financial system comes to terms with systemic risks such as climate change, nature loss and social inequality, do we need a fresh approach to understanding wealth generation?
Is wealth just the money in our pocket or should we acknowledge our economy's dependence on healthy social and environmental foundations? What are natural and social capital and what services do they provide? This discussion will include insights from Max's experience teaching this topic at post-graduate level and to colleagues and clients at Rathbones.