The UK has a depressed public sector, with weak conditions in place for experimentation. The military is not naive about letting different actors come in and do whatever they want to chargewhatever price. Issues around access and equity should actually be part of how we define innovation. If Richard Branson wants to enter the transport industry around rail or if companies want to enter water or health it should be under strict conditions.
In this two-part episode recorded in 2018, economist and author Mariana Mazzucato discusses her book, The Value of Everything, with UK Labour MP Stella Creasy. It's a wide-ranging discussion looking at how real wealth is created in our economy and how we can measure the true worth of both infrastructure and services. Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London.
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