Business Daily

Business Daily meets: Mariana Mazzucato

9 snips
Mar 1, 2024
Government dependence on consulting firms, challenges of outsourcing during COVID-19, evolution of government confidence, role in technological advancements, addressing global challenges
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INSIGHT

Consulting Industry Profits from Government Weakness

  • The consulting industry profits from governments' incapacity and risk aversion.
  • Governments outsourcing expertise weakens their own capabilities and control.
ANECDOTE

Deloitte's COVID Failure vs NHS Success

  • UK government outsourced COVID-19 test and trace to Deloitte, which lacked experience and failed.
  • The NHS succeeded with vaccine rollout using their own decentralized system.
INSIGHT

Consultants' Conflicts and Government Addiction

  • Consulting firms have conflicts of interest and lack transparency globally.
  • Governments have addiction-like reliance on consultants, which weakens public capacity.
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