Fixing markets isn't enough. We have to actively shape and create them and tilt the playing field in the direction of the growth we want.
Mariana MazzucatoCompanies prefer to put money in the pockets of shareholders or to hoard cash rather than to raise wages or invest.
Mariana MazzucatoGermany is using its Energiewende policy as a way of envisioning a green transformation and innovation across many sectors.
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 MazzucatoThe actual division of labor must be reflected in the division of the rewards (and prices, which is the way the consumer gets rewarded).
Mariana MazzucatoIf we want growth today to be more innovation-driven, more inclusive and more sustainable, then we need a more active state, not a less active one. Yet we still hear the dogma that we should just fix market failure by focusing on science and infrastructure, and to "level the playing field."
Mariana Mazzucato