The Value of Everything: Who Makes and Who Takes from the Real Economy
| Author | : | |
| Rating | : | 4.17 (537 Votes) |
| Asin | : | 161039674X |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2014-11-20 |
| Language | : | English |
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About the AuthorMariana Mazzucato is Professor in the Economics of Innovation & Public Value, University College London (UCL) and where she is establishing a new Institute for Innovation and Public Purpose. private sector myths (Anthem 2013; Public Affairs, 2015) and winner of the 2014 New Statesman SPERI Prize in Political Economy and the 2015 Hans-Matth?fer-Preis. In 2013 she was named as one of the '3 most important thinkers about innovation' in the New Republic. . Mazzucato has advised policymakers around the world on how to deliver 'smart', inclusive and sustainable growth. She is author of the highly-acclaimed book The Entrepreneurial State: debunking public vs
A work of tremendous ambition, academic rigor, and originality, The Value of Everything argues that American companies have for too long been valued according to the amount of wealth they capture for themselves rather than for the value they create for the economy. Yet Apple today, like numerous other technology and biotech companies, is engaging in a massive repurchase scheme, and for the first time has prioritized value-extraction practices such as spending to boost shareholder profit and lobbying to diminish the state and its tax policies-the very initiatives that funded their software. The iPhone as it exists would not have been possible without government-sponsored technology like Siri, GPS, the Internet, and Touch ID. The lesson here is urgent and sobering: to rescue our economy from the next, inevitable crisis and foster long-term economic growth, we will need to rethink capitalism, rethink the state rather than downsize it, and redefine how we measure value in our society.. If private companies continue down this path, they will succeed in diminishing the size of their largest and most successful investor-the state-and
Mariana Mazzucato is Professor in the Economics of Innovation & Public Value, University College London (UCL) and where she is establishing a new Institute for Innovation and Public Purpose. In 2013 she was named as one of the '3 most important thinkers about innovation' in the New Republic. . Mazzucato has