Capitalism can be transformed to address society’s most pressing challenges by pursuing “missions” through collaborative innovation and strategic public investment.
In "Mission Economy," economist Mariana Mazzucato argues that capitalism is failing to address society's most pressing challenges, including climate change, public health, and inequality. She proposes a new approach to economic policy that centers on "missions" to tackle these challenges through collaborative innovation and strategic public investment. Mazzucato provides detailed case studies of successful mission-oriented policies, from the Apollo program to the Human Genome Project, and argues that these efforts can drive economic growth while also serving the public interest. She also addresses the role of the private sector and the need for more inclusive and democratic decision-making in mission-oriented policies.
Title: Mission Economy: A Moonshot Guide to Changing Capitalism
Author: Mariana Mazzucato
Year of publication: 2021
Publisher: Allen Lane
Length in hours: 6 hours and 45 minutes