Rethinking 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 MazzucatoThe globalized nature of production and innovation means that the benefits don't necessarily stay in the country where the investments are made.
Mariana MazzucatoAn interesting attribute of public banks is that they don't only de-risk the downside, but also get a share of the upside.
Mariana MazzucatoShareholder value theory - the destructive idea that companies should be run solely for the benefit of shareholders - has led to financialized businesses that do not invest in the areas that will lead to future growth or the invention of useful new products.
Mariana Mazzucato