Green is not just about renewable energy. It's also about creating a new direction for the whole economy. This requires government to step up, not step back, creating the kinds of mission-oriented public organizations that will enable us to tackle climate change - as ambitious as those that got us to the moon. It also requires the financial sector to be less short-term since we know that short-term finance has distorted incentives and directions in areas like biotechnology.
Mariana MazzucatoPeople work hard and companies make big profits, but employees don't see that they share in the wealth they help to create.
Mariana MazzucatoBrexit and Trump's election are forcing countries to come up with new radical ideas.
Mariana MazzucatoMarkets are not static entities that are 'intervened' in (for good or bad) but are outcomes of public and private interactions.
Mariana MazzucatoRethinking capitalism means rethinking the role of the public sector, the role of the private sector, the role of finance, and the relationship between them all.
Mariana MazzucatoGreen is not just about renewable energy. It's also about creating a new direction for the whole economy. This requires government to step up, not step back, creating the kinds of mission-oriented public organizations that will enable us to tackle climate change - as ambitious as those that got us to the moon. It also requires the financial sector to be less short-term since we know that short-term finance has distorted incentives and directions in areas like biotechnology.
Mariana Mazzucato