Episode #79
79. Where's all the money? Discussing Wellbeing Economics with Mary Sherwood
In this episode of the 4theRegion podcast, Dawn is joined by Mary Sherwood for a frank, eye-opening conversation about poverty, inequality and the urgent need for a wellbeing economy. Mary brings deep expertise from her work with Swansea Council for Voluntary Service, Fairer Future, Gower Power, and years of experience amplifying the voices of people with lived experience of poverty. Together, Dawn and Mary reflect on conversations sparked at the recent Wellbeing Economy Festival of Ideas and ask a deceptively simple but vital question: If the UK is a wealthy country — where is all the money actually going? In this episode, they explore: Why poverty in Wales is not about “bad choices”, but about income and inequality How expectations of a decent life have quietly been lowered over time Why holidays, hobbies and social connection are not luxuries, but essentials for wellbeing The myth that “there isn’t enough money” — and the reality of extreme wealth concentration How billionaires, tech monopolies and extractive systems drain money from communities Why taxing wealth is not punishment, but investment in shared wellbeing What community wealth building, co-operatives and local procurement can do differently How collective solutions — from warm spaces to shared transport — rebuild resilience Why tackling poverty means redesigning the economy, not just managing its consequences This is a powerful, accessible conversation that challenges stigma, reframes poverty as a justice issue, and makes the case for a different economic story — one rooted in fairness, dignity and collective wellbeing. If you’ve ever wondered why public services feel stretched, why inequality keeps growing, or why so many people are working hard and still struggling, this episode is essential listening. Find out more about Mary’s work: FairerFuture.org.uk
