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Making and Taking in the Global Economy
Book •
Mariana Mazzucato's 'The Value of Everything' challenges conventional economic thinking by questioning how we determine value in modern economies.
Mazzucato argues that the current system rewards value extraction over value creation, leading to inequalities and hindering innovation.
She examines various sectors, including finance and pharmaceuticals, to illustrate how certain activities are mislabeled as value-creating when they are actually rent-seeking.
The book advocates for a shift in perspective, urging policymakers and economists to recognize the crucial role of public investment and collaborative efforts in driving sustainable and equitable growth.
By redefining value, Mazzucato aims to reshape economic policies and foster a more productive and inclusive economy.
It serves as a framework for understanding the dynamics of value creation and extraction in the global economy.
Mazzucato argues that the current system rewards value extraction over value creation, leading to inequalities and hindering innovation.
She examines various sectors, including finance and pharmaceuticals, to illustrate how certain activities are mislabeled as value-creating when they are actually rent-seeking.
The book advocates for a shift in perspective, urging policymakers and economists to recognize the crucial role of public investment and collaborative efforts in driving sustainable and equitable growth.
By redefining value, Mazzucato aims to reshape economic policies and foster a more productive and inclusive economy.
It serves as a framework for understanding the dynamics of value creation and extraction in the global economy.
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as feeling the need to redefine basic concepts in economics, such as value.


Jakub Dymek

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