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The Value of Everything: Making and Taking in the Global Economy by Mariana Mazz

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ISBN-13
9781610396745
Type
NA
Publication Name
NA
ISBN
9781610396745
Book Title
Value of Everything : Making and Taking in the Global Economy
Item Length
6.4in
Publisher
Public Affairs
Publication Year
2018
Format
Hardcover
Language
English
Item Height
1.6in
Author
Mariana Mazzucato
Genre
Business & Economics, Political Science
Topic
Political Economy, Economics / Microeconomics, Economics / Theory, Corporate Finance / General
Item Width
9.6in
Item Weight
21.8 Oz
Number of Pages
384 Pages

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Product Information

Modern economies reward activities that extract value rather than create it. This must change to ensure a capitalism that works for us all. Shortlisted for the FT & McKinsey Business Book of the Year Award A scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction. Mariana Mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, while in reality they are just moving around existing value or, even worse, destroying it. The book uses case studies-from Silicon Valley to the financial sector to big pharma-to show how the foggy notions of value create confusion between rents and profits, reward extractors and creators, and distort the measurements of growth and GDP. In the process, innovation suffers and inequality rises. The lesson here is urgent and sobering: to rescue our economy from the next inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society.

Product Identifiers

Publisher
Public Affairs
ISBN-10
161039674x
ISBN-13
9781610396745
eBay Product ID (ePID)
6038605486

Product Key Features

Book Title
Value of Everything : Making and Taking in the Global Economy
Author
Mariana Mazzucato
Format
Hardcover
Language
English
Topic
Political Economy, Economics / Microeconomics, Economics / Theory, Corporate Finance / General
Publication Year
2018
Genre
Business & Economics, Political Science
Number of Pages
384 Pages

Dimensions

Item Length
6.4in
Item Height
1.6in
Item Width
9.6in
Item Weight
21.8 Oz

Additional Product Features

Lc Classification Number
Hc59.3
Reviews
"Mazzucatosides with the actual makers, those who struggle in an economy tilted in favorof the ultrawealthy... she expresses specific incredulity about the bankingsector's self-serving statements about wealth creation... She is especiallyeloquent when commenting on arrogant tech-giant billionaires such as PeterThiel, who claims that his wealth accumulation occurred in spite of, ratherthan because of, government presence."-- KIRKUSREVIEWS, "Mazzucatois fast emerging as one of the world's leading public intellectuals... [she] hasoffered the left a positive vision of growth based on innovation andprofit-sharing, rather than sterile and counter-productive analysis based onthe politics of resentment and expropriation."-- SPECTATOR, "Mazzucato'strenchant analysis is a compelling call to reinvent value as a key concept tohelp us achieve the world we all want."-- NATURE, "A fresh look at the meaning of value to theeconomy...This organized and easy-to-read book will appeal to curious readers aswell as those interested in economics, investing, and public policy."-- Booklist, "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, "Mariana Mazzucato offers an exposé of how value extractors and rent-seekers have been masquerading as value creators in the global economy. And, furthermore, 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 isnot secondary to the private sector is infectious."-- PROSPECT, "MarianaMazzucato's insights into the current state of the economy, and how to thinkdifferently about it, are essential. Her new book, The Value of Everything, isoutstanding."-- Tim O'Reilly, author of WTF?: What's the Future and Why It's Up to Us, "Mazzucato's mission is to overturn the now dominant neoclassical theory of value." -- George Eaton for New Statesman, Praise for The Entrepreneurial State "Mazzucato's ideas are fuel for a growing political debate about what portion of the country's wealth pie should be taken by the private sector." --Rana Foroohar, TIME "Read her book. It will challenge your thinking."-Bruce Upbin, Forbes "It is one of the most incisive economic books in years." --Jeff Madrick, New York Review of Books "Mariana Mazzucato makes a very convincing argument . . . . from the iPhone to solar power to nanotechnology to pharmaceuticals, government did much of the basic research before venture capitalists stepped in and took the profit." -- Los Angeles Review of Books , Tom Streithorst "Increasingly, however, economists and social thinkers are challenging the conventional wisdom on innovation... Mariana Mazzucato described the most notable technology innovations as coming from the government, not the private sector." --Quentin Hardy, New York Times, "Mariana Mazzucato offers an expos? of how value extractors and rent-seekers have been masquerading as value creators in the global economy. And, furthermore, how the conventional wisdom has indulged them in this." -- Fran Boait for Prospect
Copyright Date
2018
Target Audience
Trade
Lccn
2018-950683
Dewey Decimal
330.9
Dewey Edition
23
Illustrated
Yes

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