20min chapter

The Prof G Pod with Scott Galloway cover image

Rewriting the Rules of Capitalism and Public Investment — with Mariana Mazzucato

The Prof G Pod with Scott Galloway

CHAPTER

Reimagining Capitalism and Labor

This chapter examines the dysfunctions of capitalism, particularly its bias towards value extraction at the expense of value creation, with a focus on financialization and labor dynamics. It calls for a transformation in labor representation, highlighting the challenges faced by unions and exploring alternative structures for worker advocacy. The conversation also critiques current economic policies and academic models, advocating for a comprehensive approach to public investment and equitable wealth distribution.

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