Can Capitalism Serve the Common Good? - ft. Mariana Mazzucato
Summary
Mariana Mazzucato argues that markets are designed choices rather than natural phenomena, proposing a "common good" framework to replace the current model where the public bears risk while private entities capture rewards. She critiques the financialization of capitalism and the mismanagement of intellectual property, using the Tesla and Cylindra loan cases to illustrate how government investment should secure shared returns. The discussion explores how to direct innovation toward societal challenges like health and climate change, rejecting the false trade-off between economic growth and s…
Listen ad-free on Castria