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Mariana Mazzucato

Mariana Mazzucato is professor in the economics of innovation and public value at University College London, chair of the World Health Organization’s Council on the Economics of Health For All and a co-chair of the Global Commission on the Economics of Water.

Mariana Mazzucato

Mariana Mazzucato is professor of the economics of innovation and public value and director of the University College London Institute for Innovation and Public Purpose. She is the author of The Value of Everything: Making and Taking in the Global Economy (Penguin Random House).

Financing the common good

Mariana Mazzucato 3rd May 2023

The UN has warned that ‘humanity’s very survival’ is threatened. Radical reform of international finance is required.

Confronting the global water crisis

Mariana Mazzucato 23rd March 2023

To safeguard this most fundamental natural resource, we urgently need a global strategy for water as a common good.

Consultants and the crisis of capitalism

Mariana Mazzucato 6th March 2023

Growing reliance on big consultancies is stunting state capacity and undermining democratic accountability.

The entrepreneurial state must lead on climate change

Mariana Mazzucato 7th November 2022

As a much-touted green alliance of financial institutions crumbles, the private sector has once again proved unequal to the task of climate leadership.

Toward a progressive economic agenda

Mariana Mazzucato 10th October 2022

To win power, progressive leaders must articulate a coherent economic policy, focusing not only on redistribution but also value creation.

Failing the pandemic-preparedness test

Mariana Mazzucato 20th September 2022

The G20’s pandemic-preparedness fund risks becoming just another burdensome distraction.

Effective pandemic response must be truly global

Mariana Mazzucato 26th July 2022

The world needs a pandemic preparedness and response strategy built on equitable and representative decision-making.

The right institutions for the climate transition

Mariana Mazzucato 22nd November 2021

Global climate commitments will not amount to much without the institutional foundation the transition to a zero-carbon economy needs.

A new global economic consensus

Mariana Mazzucato 14th October 2021

The pandemic has highlighted the deficiencies of economic deregulation and market liberalisation and a new policy-making paradigm is emerging.

Mission-driven localities

Mariana Mazzucato 27th July 2021

While exposing and exacerbating longstanding inequalities, the pandemic has given rise to a wealth of promising local initiatives.

Don’t defund the BBC

Mariana Mazzucato 4th March 2021

Rather than public institutions being limited to fixing market failures, organisations such as the BBC are also market shapers.

From moonshots to earthshots

Mariana Mazzucato 5th February 2021

The pandemic has created a huge opportunity to restore mission-driven governance in the public interest.

Avoiding a climate lockdown

Mariana Mazzucato 30th September 2020

The world is approaching a tipping point on climate change, when protecting the future of civilisation will require dramatic interventions.

Capitalism’s triple crisis

Mariana Mazzucato 9th April 2020

After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery.

Preventing digital feudalism

Mariana Mazzucato 9th October 2019

Reforming the digital economy so that it serves collective ends is the defining economic challenge of our time.

Who Really Creates Value In An Economy?

Mariana Mazzucato 17th September 2018

After the 2008 global financial crisis, a consensus emerged that the public sector had a responsibility to intervene to bail out systemically important banks and stimulate economic growth. But that consensus proved short-lived, and soon the public sector’s economic interventions came to be viewed as the main cause of the crisis, and thus needed to […]

Mission Thinking: A Problem-Solving Approach To Fuel Innovation-Led Growth

Mariana Mazzucato 19th June 2018

The world is afflicted by problems that people experience in their daily lives: clean air in congested cities, a healthy and independent life in old age, access to digital technologies that improve public services, and treatment of diseases like cancer or obesity that continue to afflict millions of people across the globe. What is the […]

A State-Powered Green Revolution

Mariana Mazzucato 14th March 2016

Discussions about building a green future tend to focus on the need to improve the generation of energy from renewable sources. But that is just the first step. Better mechanisms for storing and releasing that energy – when the sun isn’t shining, the wind isn’t blowing, or when electric cars are on the move – […]

Toward A Green New Deal

Mariana Mazzucato 15th December 2015

The global agreement reached in Paris last week is actually the third climate agreement reached in the past month. The first happened at the end of November, when a group of billionaires led by Bill Gates, Mark Zuckerberg, and Jeff Bezos announced the creation of a $20 billion fund to back clean-energy research. On the […]

Jeremy Corbyn’s Necessary Agenda

Mariana Mazzucato 1st October 2015

Seven economists (including Joseph Stiglitz, Thomas Piketty, and me) have agreed to become economic advisers to Jeremy Corbyn, the new leader of the British Labour Party. I hope we will have a shared goal to help Labour shape an economic policy that is investment-led, inclusive, and sustainable. We will bring different ideas to the table, but these […]

Hans Böckler Stiftung Advertisement

WSI European Collective Bargaining Report 2022 / 2023

With real wages falling by 4 per cent in 2022, workers in the European Union suffered an unprecedented loss in purchasing power. The reason for this was the rapid increase in consumer prices, behind which nominal wage growth fell significantly. Meanwhile, inflation is no longer driven by energy import prices, but by domestic factors. The increased profit margins of companies are a major reason for persistent inflation. In this difficult environment, trade unions are faced with the challenge of securing real wages—and companies have the responsibility of making their contribution to returning to the path of political stability by reducing excess profits.


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ETUI advertisement

Response measures to the energy crisis: a missed opportunity to feed the socio-ecological contract

With winter coming and Europe ready to get through it without energy shortages, power cuts and recession, new research conducted by the ETUI in seven EU member states (AT-FR-DE-GR-IT-PL-ES) highlights that, with some 80 per cent of spending being directed to broad-based measures, short-term national government support during the recent energy crisis was poorly targeted. As a result, both social- and climate-policy goals were rather sidelined, with the biggest beneficiaries of public fossil-fuel subsidies being higher income groups and the wealthiest people.


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Eurofound advertisement

How will Europe’s green transition impact employment?

Climate-change objectives and decarbonisation measures are vital for the future of Europe. But how will these objectives affect employment and the labour market?

In the latest episode of the Eurofound Talks podcast series, Mary McCaughey speaks with the Eurofound senior research manager John Hurley about new research which shows a marginal increase in net employment from EU decarbonisation measures—but also potentially broad shifts in the labour market which could have a profound impact in several areas.


LISTEN HERE

Foundation for European Progressive Studies Advertisement

Transforming capitalism in the Age of AI

Will the EU once again accept Big Tech's power as a fait accompli while belatedly trying to mitigate risks, or can it chart a different course?

Join our conference on the EU approach to the digital transition. On Wednesday, 6 December, FEPS and the Friedrich-Ebert-Stiftung Competence Centre on the Future of Work are co-organising an evening of high-level debates on the digital future of Europe. There will be keynotes by the European Commissioner for Jobs and Social Rights, Nicolas Schmit; Evgeny Morozov, founder of The Syllabus; and Phoebe V Moore, globally recognised expert on digitalisation and the workplace. The event will be moderated by John Thornhill, innovation editor at the Financial Times.


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