“Shareholder value theory - the destructive idea that companies should be run solely for the benefit of shareholders - has led to financialized businesses that do not invest in the areas that will lead to future growth or the invention of useful new products.” ShouldIdeasRunningValuesGrowthCompanyProductsTheoryBenefitsAreasInventionDestructiveShareholdersNew ProductsFuture GrowthShareholder Value Author:Mariana Mazzucato
“In my view, the state should be active and work in cooperation with private businesses to spur growth that's sustainable and inclusive. The policy process is about co-creating and co-shaping of markets, creating new opportunities for business investment - and negotiating a better deal for the public too.” ShouldStatesOpportunityProcessGrowthViewsDealsPolicyCreatingInvestmentActiveCooperationSpursNegotiatingNew Opportunity Author:Mariana Mazzucato
“If we want growth today to be more innovation-driven, more inclusive and more sustainable, then we need a more active state, not a less active one. Yet we still hear the dogma that we should just fix market failure by focusing on science and infrastructure, and to "level the playing field."” IfsWantNeedsShouldStillsStatesTodayGrowthLevelsFieldsInnovationActiveDrivenDogmaInfrastructurePlaying FieldsMarket Failure Author:Mariana Mazzucato
“We should be investing where the public returns are greatest - that is in innovation.” ShouldReturnInnovationInvesting Author:Mariana Mazzucato