Not every government-led project is NASA during the moon landings, and Mazzucato does not even begin to recognise this in this book. The obvious and greater risk now seems to be that the period of dramatic underinvestment in the 2010s is over, and we instead are entering an inflationary period of huge state subsidy and protectionism which leads to overproduction and inefficiency (for example, in semiconductors). A reflection on the relationships between Mazzucatos notion of the mission economy and systems thinking. Her opinion that the state should drive investment, in 2023, is essentially consensus among political elites, regardless of party, in the US, UK and EU. Also, Mazzucato is a victim of her own success. the long writings on the UN’s sustainable development goals which are entirely unnecessary and just empty, as they’re intentionally meaningless platitudes written by elites designed to appeal to just about everyone in every member country. I loved the Value of Everything, but this was deeply disappointing.
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