Mariana Mazzucato: We Must Reimagine Governments as Creative Agents
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- เผยแพร่เมื่อ 24 ม.ค. 2019
- If we want to reduce inequality, if we want new types of more sustainable growth, if we want growth from innovation and investment rather than consumption - we really need to rethink our economy in bold and concrete ways. Above all, says Mariana Mazzucato, professor in the economics of innovation and public value at University College London (UCL), this involves thinking of public institutions as creative agents rather than as 'fixers' fiddling with autonomous systems from the edges. Mazzucato is the founder and director of the UCL Institute for Innovation & Public Purpose (IIPP) and author of The Value of Everything.
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Pragmatism in economic policymaking involves considering real-world constraints, acknowledging diverse perspectives, and iteratively adjusting strategies based on evidence and feedback. It's an ongoing process that requires adaptability and responsiveness to changing circumstances.
"growth from innovation and investment rather than consumption" --> food for thought
In the end, finding solutions to complex economic and societal challenges often involves a combination of theoretical insights and practical considerations. The effectiveness of any model or policy is contingent on its ability to address the specific needs and dynamics of a given society, consideration of various factors. It's important to strike a balance between theoretical frameworks and pragmatic, real-world solutions. my concerns are on raising about the potential economic burden on citizens and the need for practicality are valid considerations.
Some presentations are like a Mars Bar (which if you've read 'The Value of Everything' is relevant), it fills a gap until a proper meal. Mariana always provides a feast, that you need loads of doggy bags to take home as there is so much. I'm often asked if is there an alternative to the Keynesian mission that involves Government intervention not just in the Bad times (which Keynesim is very good at) but also long term including the good times (ie Kennedy's moonshot mission statement).
Mazzutcato is fast becoming an 'ism' in her big picture of macroeconomic thinking concerning public and private mixed economic thought and actual processes to get the true value that benefits all, beyond just economic monetarism of neoliberal marginal utility, but as Keynes would say to for all be able to 'have a good life', and I would add, 'whilst progressing toward a greener future'.
She is brilliant!
She is a legend in her own mind.
Yes, he is.
Mariana is great, however those bullet points with no space before the text… 😔
Private debt, that sounds irrelevant when she said just private debt, may be am too skeptical about it but most of governments are in great debt starting with USA, it sounds contradictory
The landing on the Moon might just have been a marketing idea😅 and might have actually never really occurred
Tell me what sections you want to go level up in
Can you imagine being one of her children trying to argue about pocket money!
Sahrawi histoire 1976 Le Sahara occidental capital de le monde car le dernier gouvernement du mahdi lmontader c'est logique pour information
Picketty's book on capital is just absolute rubbish that the facts show is so. He does not take into account most critical facts and it lacks historical evidence and contradict reality. It's claims would seem to appeal to ignorant people who have little idea of economic history and financial concepts.
I am not surprised that the presenter relies on such a reference because most of what she says she can't justify with evidence.
And where is your evidence to the contrary? And yes I've read his many books, multiple times so I understand his evidence, concepts and conclusions.
@@grantbeerling4396 This example for evidence that is false and contradicts his claims. - he claims wealth is passed down from ancestors. He ignores the historical fact that most wealthy people have not gotten wealthy through inheritance but by their own efforts. He claims growing inequality is a funcion of capitalism but ignores all other systems produce far more inequality than capitalism and less wealth at the lower incomes.
@@grantbeerling4396 Picketty examined the circumstances of wealth in the 19th and 20th centuries and concluded that the 1% owned more wealth than it had priviosly. This is a major part of his theory about wealth. The reality is his 1% is a statistic not actual individuals. He confuses statistics with individuals like many people who don't understand statistics as often do.
@@Rob-fx2dw Ok, in the middle of a paper that will be completed (provided I 'don't procrastinate) by the 26th. then I'll reply and maybe put a blog post for further reference to comments.
Always interested in opposing views as they can show weaknesses and assumptions in my own assessments of the facts, which is important when trying to be an effective researcher, (or as my landlord friend sarcastically says when we meet' still saving the world, Grant', to which I reply, 'come the revolution'... all in good humour).
As Keynes says, the goal of government is for us all to be able to have a 'good life' I've attained that, and now I just want others (especially those under '40s, I'm 59) to have the same or similar opportunities, the rest, as they say, is mere flotsam and jetsam.
@@grantbeerling4396 Ok - I am happy to await that .