12min chapter

Intelligence Squared cover image

Mariana Mazzucato and Stella Creasy on the Global Economy, PART 1

Intelligence Squared

CHAPTER

Rethinking the Role of the State in Economics

This chapter critiques traditional views of the state's function in the economy, emphasizing its vital role in fostering innovation through public investment. It examines historical and contemporary theories of value creation, differentiating between 'makers' and 'takers,' while advocating for a more inclusive narrative on wealth generation.

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