Mariana Mazzucato explains mission economy and state capacity
Updated
Updated · Bloomberg · May 8
Mariana Mazzucato explains mission economy and state capacity
7 articles · Updated · Bloomberg · May 8
In an interview recorded in Madrid at the Bloomberg CityLab conference, the University College London professor discussed government moonshots, public investment and retaining talent in the public sector.
She also examined whether consultants or governments bear more responsibility for inefficiency and civic failures, and linked her ideas to the public financing behind Silicon Valley algorithms.
The wide-ranging conversation focused on how states can build capacity to direct technological development and pursue ambitious policy missions, drawing on the history of moonshots.
Can governments break their costly dependency on consultants to lead their own ambitious 'moonshot' projects?
When tech billionaires shape policy, can a 'mission economy' serve the public or just their private interests?
As China's private AI giants soar, is America's public subsidy model the best path to winning the tech race?