
Mariana Mazzucato
@MazzucatoM • 248,236 subscribers
UCL Prof, Founding Director of @IIPP_UCL. Author of: The Big Con; Entrepreneurial State; Value of Everything; Mission Economy. 4 kids keep me smiling. #COYG
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To face global challenges—from climate to health to inequality—we need a new economic theory of the common good. Not just what outcomes we pursue, but how we pursue them: through purpose and directionality, co-creation and participation, collective learning, reward-sharing, and accountability. My next book, The Common Good Economy (link in replies), presents this framework for governing economies toward collective goals—shaping markets with purpose, not just fixing them after they fail.
Mariana Mazzucato85,010 次观看 • 1 个月前

We talk about doing good all the time: on inequality, inclusive growth, climate, health. So why do we fail along the way? Because economics lacks a coherent theory of the common good. The compass in The Common Good Economy holds everyone who claims to pursue the common good accountable: purpose, co-creation, shared knowledge, shared rewards, transparency. Spoke with Peter Thal Larsen for Reuters The Big View, links below. Listen ➡️ Order the book ➡️
Mariana Mazzucato10,934 次观看 • 10 天前

Thanks to BBC Question Time for having me on this evening. We discussed crucial issues facing the UK, including the proposed cuts to winter fuel payments. I argued that what looks like savings in the short term might be a cost in the long term. Cutting support to vulnerable communities is not the path to growth. Read our recent letter in Financial Times where we build on this point: The UK Government has an opportunity to break the cycle of underinvestment ➡️
Mariana Mazzucato351,867 次观看 • 1 年前

The role of the state in innovation and market-shaping is gaining traction globally, but innovation to what end? What kind of market are we shaping? How is it governed? In whose interests? My next book, The Common Good Economy, attempts to answer these questions—moving economics from reactively fixing market failures to proactively shaping collective goals. How we achieve objectives matters as much as what those objectives are. Link below.
Mariana Mazzucato25,550 次观看 • 1 个月前

We’ve seen 50 years of the ‘consultification’ of government. In order for gov to administer any process effectively, from the pandemic to the IT infrastructure of the post office, we need investment in public sector capability. This week, I made that point on #PoliticsLive ⬇️
Mariana Mazzucato136,359 次观看 • 2 年前

An incoming government should set ambitious missions to provide clear direction, while empowering partners, engaging communities and devolving powers to the local level. Last week we launched #MissionCritical at UCL Institute for Innovation and Public Purpose. Watch the launch here ➡️
Mariana Mazzucato51,695 次观看 • 2 年前

How do we reform our economies to address our greatest challenges? I discuss this with Barbados PM Mia Mottley and Pope Francis in our new short film on the Economics of the Common Good. Fixing market failures isn't enough - we must actively shape economies to deliver for the #CommonGood.
Mariana Mazzucato35,550 次观看 • 1 年前

As I discussed on Peston last night, we need a coalition of the willing—not zero-sum trade wars—to tackle our global shared challenges. While the US retreats, countries like Brazil and South Africa are leading at the #G20, forming coalitions to reshape finance and green industrial policy. Time to follow their lead. Full interview ➡️ Our final report from the Group of Experts to Brazil's G20 charts a path forward ➡️
Mariana Mazzucato20,162 次观看 • 1 年前

On Channel 4 News at #LPC24, I emphasised that stability alone doesn't generate growth or competitiveness. We need an increase in both public and private investment in the UK to tackle climate change, health inequities and the digital divide. Explore more in our UCL Institute for Innovation and Public Purpose’s report:
Mariana Mazzucato20,307 次观看 • 1 年前

Ahead of the UK #Budget2024, I spoke with Ayshah Tull on Channel 4 News. I explained why we urgently need long-termism in both the public & the private sector investment to drive green growth. The UK ranks lowest in the G7 for public investment & 28th in the OECD for private investment. This isn't just about public spending or subsidies — it's about directing patient finance to tackle the country’s biggest challenges.
Mariana Mazzucato13,078 次观看 • 1 年前
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