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Mission Economy: A Moonshot Guide to Changing Capitalism Hardcover – March 23, 2021
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"Stimulating . . . [Mazzucato] unearths a plethora of intriguing case studies to back up her claims. Policy makers will want to take note." -- Publishers Weekly
"One of the world’s most influential economists is on a mission to save capitalism from itself." -- Quartz
"The debates Mazzucato has been trying to open for years are now unavoidable. So let’s have them." -- Ezra Klein
"I believe [her vision] can help to think about the future."
-- Pope Francis, from an open letter to Judge Roberto Andrés Gallardo, president of the Pan-American Committee of Men and Women Judges for Social Rights
"Mazzucato has influenced the way American politicians speak about the state’s potential as an economic engine." -- New York Times
"The world’s scariest economist. . . . Mariana Mazzucato is a name to strike fear in the heart of anyone slightly shaky in their masculinity or grasp of the figures." -- Times (UK)
"She is as forthright in her opinions as she is eloquent in expressing them." -- Financial Times
"Mariana Mazzucato is foremost among the flamethrowers. A professor at University College London and the founding director of the UCL Institute for Innovation and Public Purpose, she asks fundamental questions about how 'value' has been defined, who decides what that means, and who gets to measure it." -- Forbes
"One of the three most important thinkers about innovation." -- New Republic
"This economist has a plan to fix capitalism. It’s time we all listened." -- Wired
About the Author
Mariana Mazzucato, PhD, is a professor in the Economics of Innovation and Public Value at University College London, where she is the founding director of the UCL Institute for Innovation & Public Purpose. She has written, edited, or co-authored numerous books, articles, and papers on policy, capitalism, economics, and innovation, including The Entrepreneurial State: Debunking Public vs. Private Sector Myths and The Value of Everything: Making and Taking in the Global Economy. She advises policy makers worldwide and is currently a member of the South African Presidential Economic Advisory Council, the Scottish Government’s Council of Economic Advisors; the UN’s Committee for Development Policy, and the OECD’s Secretary General’s Advisory Group on a New Growth Narrative. She is also a Special Advisor to the Italian Prime Minister, and a Special Advisor for the EC Commissioner for Research, Science and Innovation. She lives in London with her husband and four children.
- Publisher : Harper Business (March 23, 2021)
- Language : English
- Hardcover : 272 pages
- ISBN-10 : 0063046237
- ISBN-13 : 978-0063046238
- Item Weight : 14.4 ounces
- Dimensions : 6 x 0.93 x 9 inches
- Best Sellers Rank: #58,544 in Books (See Top 100 in Books)
- Customer Reviews:
About the author
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She asserts that the conventional thinking among capitalist countries that governments are clunky bureaucracies that cannot innovate is bad attitude, and it is the sort of narrow thinking that must be abandoned. In this book, she examines the micro properties of a capitalist system through the way organisations are governed, and she contrasts that with the macro patterns of growth a state strives for. She says that it is wrong to ask how much money there is, and what can a government do with that sum. She asserts that the right question is: ‘what needs doing and how can we structure budgets to meet those goals?’
In the course of explaining her thesis, she embarks on a detailed analysis of the Apollo project – and the importance of taking risks and adapting to new information and circumstances. Hence, the first question is not, ‘Can we afford it?’ but, ‘What do we really want to do?’
Mazzucato concludes that in order to propel capitalism into the 21st century, capitalism must change, and the old, conservative ways must give way to a new capitalism as she proposes in this book. As an example, she thinks that ‘too many green policies today are just minor adjustments to a trajectory that still favours the old waste-prone behaviours and the financial casinos that worsens inequality’. This book is about how we can aim higher.
She careful crafts her case for governments to lead big projects upfront like Apollo rather than shy away from tasks seeking attention. There is certainly a strong argument made page after page for believing in such a theory as you work your way through the book.
The Moonshot approach is ideally suited towards the tasks that confront the world now like unprecedented climate change and public health emergencies.
I would recommend this book to has an open mind on the future of capitalism post-Covid.
I recommend this book to all our young entrepreneurs, web influencers and those young people who feel let down by our governments, business leaders and their parents as it gives them a reason to be hopeful and confident in their ability to make change happen by their votes at the future General elections