Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth
- 6h 25m
- Mariana Mazzucato, Michael Jacobs
- John Wiley & Sons (US)
- 2016
"Thought provoking and fresh - this book challenges how we think about economics.”
Gillian Tett, Financial Times
For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/
Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity.
In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.
About the Author
Michael Jacobs is Visiting Professor in the School of Public Policy at University College London.
Professor Mariana Mazzucato (PhD) holds the Chair in the Economics of Innovation and Public Value, University College London (UCL) where she is establishing a new Institute for Innovation & Public Purpose (launching Autumn 2017).
In this Book
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Rethinking Capitalism: An Introduction
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The Failure of Austerity: Rethinking Fiscal Policy
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Understanding Money and Macroeconomic Policy
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The Costs of Short-Termism
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Innovative Enterprise and the Theory of the Firm
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Innovation, the State and Patient Capital
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Investment-Led Growth: A Solution to the European Crisis
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Inequality and Economic Growth
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The Paradoxes of Privatisation and Public Service Outsourcing
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Decarbonisation: Innovation and the Economics of Climate Change
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Capitalism, Technology and a Green Global Golden Age: The Role of History in Helping to Shape the Future
