#marianamazzucato — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #marianamazzucato, aggregated by home.social.
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Der Staat ist ineffizient und schwerfällig; die Privatwirtschaft dagegen effizient und innovativ. Wirtschaftswissenschaftlerin Mazzucato hält dagegen.#MarianaMazzucato #Bundesregierung #Modernisierungsagenda #Wettbewerbsfähigkeit #Mobilität #HerbstderReformen
Ökonomin Mazzucato - Plädoyer für einen innovativen und risikofreudigen Staat -
Chomsky gave examples of assembly lines, air travel, the internet... before the 90s?
> ... by not admitting the State’s role in active risk taking, we’ve created an “#InnovationSystem” where the public sector #SocializesRisks while #PrivatizingReward.. This.. book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only “smart” but “inclusive” as well.
https://www.penguinrandomhouse.com/books/740768/the-entrepreneurial-state-by-mariana-mazzucato/
#MarianaMazzucato #StateTech
#EntrepreneurialState -
CW: Long thread/23
Amazon's burying of this vital information will be familiar to #DouglasAdams readers, as the "#BewareOfTheLeopard" tactic. It's not even the first time Amazon's deployed it:
https://pluralistic.net/2022/03/27/beware-of-the-leopard/#relentless
Another group of scholars recently coined a useful term to describe this ripoff: in a paper published last week, @timoreilly, #MarianaMazzucato and #IlanStrauss dubbed the costs of all this complexity #AttentionRents:
https://pluralistic.net/2023/11/03/subprime-attention-rent-crisis/#euthanize-rentiers
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Despite misgivings about the institution myself, I like this Pappa: https://old.reddit.com/r/dredmorbius/comments/258gq1/francis_the_papacy_the_poor_and_social_justice/
... and have for a while.
#CommonWeal #CovidRelief #Covid19 #austerity #economics #PopeFrancis #MarianaMazzucato
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Mariana Mazzucato on the just-passed US COVID relief package:
MARIANA: A one-time check of $600 is nowhere enough, for three reasons.
First, for the citizens in question, this amount will simply not be enough to allow people to access their basic human rights to food, shelter, and caring for their loved ones.
Second, the economy will not benefit by this meager relief. As Keynes taught us, boosting aggregate demand is critical for economic growth. Given the dire situation on disposable income, this relief will not help the economy get back on its feet.
Third, the money does exist: the government has simply decided to spend it elsewhere: for example, on corporate bailouts and defense spending.
It’s a crime and should be rectified as soon as possible. And if America truly wants to “lead” the world, then match the relief packages in other countries.
ANAND: I recently discovered that Pope Francis has a favorite economist — and it's you. What is it like being the pope's favorite economist [as he disclosed in his new book, “Let Us Dream”]?
MARIANA: As a very unreligious person, it feels great but uncomfortable. The funny thing is, he actually read my book a year ago and wrote an open letter in Argentina saying capitalism is screwed, but there's a book that tells us what to do. The Vatican, in some ways, has been talking about the common good for a long time. But there's no real equivalent for that concept in economics. ...
I'd argue that the concept exists, but is largely ignored, and is hard to measure: commonweal and social welfare.
#MarianaMazzucato #PopeFrancis #economics #austerity #Covid19 #CovidRelief #CommonWeal
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Mariana was recently name-checked by Pope Francis as his favorite economist (along with Kate Raworth). No big deal, right? Mariana teaches at University College London. She’s written important books like The Entrepreneurial State and The Value of Everything, making a case for rewriting some of the basic thinking of economics. And she is a rare instance of a scholar who follows her work out into the world, helping policymakers implement her theories. There is much to learn from her.
#CommonWeal #CovidRelief #Covid19 #austerity #economics #PopeFrancis #MarianaMazzucato
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$600 checks are a “crime,” says the pope’s favorite economist
I've only recently discovered Mariana Mazzucato[1], who seems to be establishing herself as a celebrity economist these days. She also has a fan in Pope Francis:
A conversation with economist Mariana Mazzucato on the case against Scroogenomics
... I sat down, virtually, with the brilliant economist Mariana Mazzucato to talk about the relief plan and the problem underlying it: a loss of faith in government action that becomes a self-fulfilling prophecy: People don’t believe in government action, so government isn’t empowered to act, so people believe less and less in government.
Notes:
#MarianaMazzucato #PopeFrancis #economics #austerity #Covid19 #CovidRelief #CommonWeal
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