Mariana Mazzucato
About Mariana Mazzucato
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Book Review: 'The Entrepreneurial State' by Mariana Mazzucato ...
From the blog The Exchange: Review by Fred Block, Department of Sociology, University of California at Davis On July 13, 2012, during the heat of the ...
Books by Mariana Mazzucato
“The Common Good Economy - How to Make Capitalism Work for Us All” (2026)
The Common Good Economy - How to Make Capitalism Work for Us All
“The Entrepreneurial State: Debunking Public vs Private Sector Myths” (2024)
The Entrepreneurial State: Debunking Public vs Private Sector Myths
“The Big Con How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments and Warps Our Economies” (2023)
The Big Con How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments and Warps Our Economies
“Mission: Economics: A Moonshot Approach to the Economy” (2020)
Mission: Economics: A Moonshot Approach to the Economy
“The Value of Everything: Making and Taking in the Global Economy” (2018)
Modern economies reward activities that extract value rather than create it. This must change to ensure a capitalism that works for us all.Shortlisted for the FT & McKinsey Business Book of the Year AwardA scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction. Mariana Mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, while in reality they are just moving around existing value or, even worse, destroying it. The book uses case studies-from Silicon Valley to the financial sector to big pharma-to show how the foggy notions of value create confusion between rents and profits, reward extractors and creators, and distort the measurements of growth and GDP. In the process, innovation suffers and inequality rises. The lesson here is urgent and sobering: to rescue our economy from the next inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society.
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