Skip to main content

Posts

Showing posts with the label "creation of value"
Mazzucato draws inspiration for her activism from two sources: on the one hand the heterodox economics of Karl Polanyi and on the other hand the democratic ambition of John F Kennedy. JFK inspires Mazzucato to call for the economy to be given a “new mission”. Polanyi’s analysis of the economy as a constructed social artefact makes this seem possible. If the market was made by the state then it can presumably be remade. The question, of course, is how. Unfortunately, the boldness of Mazzucato’s vision and the brashness of her rhetoric are not matched by the depth or coherence of her answer to this basic question. "Mariana Mazzucato's bold mission to reform the global economy"