The value of everything : making and taking in the global economy /
Making and taking in the global economy
Mariana Mazzucato.
- xix, 358 pages : illustrations ; 25 cm
Includes bibliographical references and index.
Preface : Stories about wealth creation -- Introduction: making versus taking -- A brief history of value -- Value in the eye of the beholder: the rise of the marginalists -- Measuring the wealth of nations -- Finance: a colossus is born -- The rise of casino capitalism -- Financialization of the real economy -- Extracting value through the innovation economy -- Undervaluing the public sector -- The economics of hope.
"In modern capitalism, value-extraction is rewarded more highly than value-creation: the productive process that drives a healthy economy and society... Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - radically to transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Which activities create it, which extract it, which destroy it?"-- Publisher's website.