Mariana Mazzucato on the necessary Green Deal and a new social contract
“Both the risks and the profits associated with public investments in the green transition should be socialized. It is no coincidence that profits are rising while investments are not increasing. This is simply a consequence of the increasing financialization of Fortune 500 companies.”
– Mariana Mazzucato, Founding Director of the Institute for Innovation & Public Purpose at University College London and Chair of the World Health Organization’s ‘Council on the Economics of Health for All’, in the guest contribution ‘Opportunity for alternative economic policy – Progressive politicians should now formulate an agenda for inclusive and sustainable growth. For this to be successful, five principles are important, says Mariana Mazzucato’, Handelsblatt 14. – 16. October 2022, page 64, No. 199