Mission economy : a moonshot guide to changing capitalism

'one Of The Most Influential Economists In The World' Wired Even Before The Covid-19 Pandemic In 2020, Capitalism Was Stuck. It Had No Answers To A Host Of Problems, Including Disease, Inequality, The Digital Divide And, Perhaps Most Blatantly, The Environmental Crisis. Taking Her Inspiration From The 'moonshot' Programmes Which Successfully Co-ordinated Public And Private Sectors On A Massive Scale, Mariana Mazzucato Calls For The Same Level Of Boldness And Experimentation To Be Applied To The Biggest Problems Of Our Time. We Must, She Argues, Rethink The Capacities And Role Of Government Within The Economy And Society, And Above All Recover A Sense Of Public Purpose. Mission Economy, Whose Ideas Are Already Being Adopted Around The World, Offers A Way Out Of Our Impasse To A More Optimistic Future. Cover Title Page About the Author Dedication List of Figures and Tables Acknowledgements Preface PART I: A MISSION GROUNDEDWhat stands in the way of the next moonshot 1. The Mission and Purpose 2. Capitalism in Crisis Finance is financing FIRE Business is focusing on quarterly returns The planet is warming Governments are tinkering, not leading 3. Bad Theory, Bad Practice: Five Myths that Impede Progress Myth 1: Businesses create value and take risks; governments only de-risk and facilitate Myth 2: The purpose of government is to fix market failures Myth 3: Government needs to run like a business Myth 4: Outsourcing saves taxpayer money and lowers risk Myth 5: Governments shouldn’t pick winners PART II: A MISSION POSSIBLEWhat it takes to achieve our boldest ambitions 4. Lessons from Apollo: A Moonshot Guide to Change Leadership: vision and purpose Innovation: risk-taking and experimentation Organizational change: agility and flexibility Spillovers: serendipity and collaboration Finance: outcomes-based budgeting Business and the state: partnership with a common purpose PART III: MISSIONS IN ACTIONWhat grand challenges we should tackle today 5. Aiming Higher: Mission-oriented Policies on Earth Sustainable Development Goals and a green transition Selecting a mission Implementing a mission Engaging citizens in a mission Mission: a Green New Deal Mission: innovating for accessible health Mission: narrowing the digital divide PART IV: THE NEXT MISSIONReimagining the economy and our future 6. Good Theory, Good Practice: Seven Principles for a New Political Economy Value: collectively created Markets: shaping not fixing Organizations: dynamic capabilities Finance: outcomes-based budgeting Distribution: sharing risks and rewards Partnership: purpose and stakeholder value Participation: open systems to co-design our future 7. Conclusion: Changing Capitalism Notes Index Copyright