Prime The Value of Everything: Making and Taking in the Global EconomyAuthor Mariana Mazzucato – Z55z.co

A stimulating analysis of the underlying causes of inequality and growth which forces us to confront long held beliefs about how economies work and who benefits Martin Wolf, Financial Times Mazzucato s mission is to overturn the now dominant neoclassical theory of value George Eaton for New StatesmanMariana Mazzucato offers an expos of how value extractors and rent seekers have been masquerading as value creators in the global economy And, further, how the conventional wisdom has indulged them in this Fran Boait for Prospect Mazzucato s passionate call to empower policymakers to understand that the state s role is not secondary to the private sector is infectious PROSPECTMazzucato is fast emerging as one of the world s leading public intellectuals she has offered the left a positive vision of growth based on innovation and profit sharing, rather than sterile and counter productive analysis based on the politics of resentment and expropriation SPECTATORMazzucato sides with the actual makers, those who struggle in an economy tilted in favor of the ultrawealthy she expresses specific incredulity about the banking sector s self serving statements about wealth creation She is especially eloquent when commenting on arrogant tech giant billionaires such as Peter Thiel, who claims that his wealth accumulation occurred in spite of, rather than because of, government presence KIRKUS REVIEWSMazzucato s trenchant analysis is a compelling call to reinvent value as a key concept to help us achieve the world we all want NATUREA fresh look at the meaning of value to the economyThis organized and easy to read book will appeal to curious readers as well as those interested in economics, investing, and public policyBooklistA fundamental re think of what constitutes real value in the economy Stephen Denning, ForbesWho really creates wealth in our world And how do we decide the value of what they do At the heart of today s financial and economic crisis is a problem hiding in plain sight In modern capitalism, value extraction the siphoning off of profits, from shareholders dividends to bankers bonuses is rewardedhighly than value creation the productive process that drives a healthy economy and society We misidentify takers as makers, and have lost sight of what value really means Once a central plank of economic thought, this concept of value what it is, why it matters to us is simply no longer discussed Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism to radically transform an increasingly sick system rather than continue feeding it we urgently need to rethink where wealth comes from Who is creating it, who is extracting it, and who is destroying it Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that issustainable,symbiotic that works for us all The Value of Everything will reignite a long needed debate about the kind of world we really want to live in