Mazzucato’s line of argument occasionally gets lost in a blizzard of buzzwords, but she unearths a plethora of intriguing case studies to back up her claims. She notes, for example, that an Obama administration loan was crucial to the success of Tesla, and that a 1980s BBC computer literacy program led to the founding of a leading software development firm and the creation of a low-cost computer used in classrooms around the world. space program in the 1960s as a model for the “boldness and experimentation” necessary to solve the climate crisis and the Covid-19 pandemic, and refutes arguments that the private sector is inherently better at spurring innovation than the public sector. Mazzucato sketches the history of the U.S. It had no answers to a host of problems, including disease. She contends that wealth inequality, inadequate health care, the “rising tide of populism,” and other social ills are the byproducts of forces that have warped capitalism, including the prioritization of shareholder profits over long-term investments and the belief that governments can only fix market failures, instead of playing an active role in shaping the economy. Even before the Covid-19 pandemic in 2020, capitalism was stuck. 2000 on Daraz App > Buy Mission Economy A Moonshot Guide to Changing Capitalism by Mariana Mazzucato at lowest. Economist Mazzucato ( The Value of Everything) calls for a “massive rethink” of capitalism and the relationship between the public and private sectors in this stimulating yet wonky guide. Mariana Mazzucato, Professor in the Economics of Innovation and Public Value at University College London, is Founding Director of the UCL Institute for Innovation and Public Purpose, Chair of the World Health Organization’s Council on the Economics of Health For All, and a co-chair of the Global Commission on the Economics of Water.

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