Now that the COVID-19 pandemic has highlighted the deficiencies of economic deregulation and market liberalization, a new policymaking paradigm is emerging. But its success depends on concrete reforms and the creation of new mission-driven institutions.
Autori Sezioni: Mariana Mazzucato
His claim that ‘greed’ was the driver behind the UK’s vaccine success ignores the huge role of state funding. Da The Guardian.
For too long, people have acted as if the private sector were the primary driver of innovation and value creation and therefore were entitled to the resulting profits. But this is simply not true. The road to a more symbiotic partnership between public and private institutions begins with the recognition that value is created collectively. […]
Lungi dall’essere ad un passo dal controllo statale dell’economia, i salvataggi condizionati si sono dimostrati uno strumento efficace per guidare le forze produttive nell’interesse di obiettivi strategici e ampiamente condivisi. Da Project Syndacate.
Dopo la crisi del 2008, abbiamo imparato fin troppo bene cosa succede quando i governi inondano incondizionatamente l’economia di liquidità invece di gettare le basi per una ripresa sostenibile e inclusiva. Ora che è in atto una crisi ancor più grave non si deve ripetere lo stesso errore. Da “Project Syndicate”.
The much-maligned state was permitted to pursue only timid policy responses. This failure reflects the extent to which policy continues to be informed by ideology, specifically, neoliberalism.socialeurope.eu
Regardless of one’s position on the recent Italian referendum on constitutional reform, it is clear that Matteo Renzi made a mistake when he identified the Yes vote with his position as prime minister. It meant that some people voted No simply to oust him, while others voted Yes to avoid the instability that would follow […]
There is serious concern about Italy’s banks and whether the bad debt they are carrying signals trouble for the Eurozone. In facing up to its troubled financial system Italy’s political leaders could also benefit from a moment of reflection on what the role of finance could, and should, be in a dynamic economic system marianamazzucato.com
Discussions about building a green future tend to focus on the need to improve the generation of energy from renewable sources. But that is just the first step. Better mechanisms for storing and releasing that energy are also critical. And, contrary to popular belief, it is the public sector that is leading the way toward […]