Challenges the modern concept of value and exposes the flaws in the global economy, proposing solutions for a fairer system.
Mazzucato argues that our current economic system is flawed, as it doesn't properly value the contribution of those who generate wealth, and instead disproportionately rewards rent-seekers who extract value without creating it. She shows how economic value has been distorted by financialization and the focus on short-term profits, leading to inequality, instability, and environmental degradation. Mazzucato proposes a new approach to value creation that focuses on innovation, public investments, and long-term planning to address societal challenges. She argues for a more active role of the state in the economy, not as a regulator, but as a mission-oriented investor in innovation and sustainable growth.
Title: The Value of Everything
Author: Mariana Mazzucato
Publishing year: 2018
Publisher: PublicAffairs
Length in hours: 12 hours and 28 minutes