“It would be a mistake to overstate the similarities between the Brexit vote and Trump's win - but there are common themes, not least in the rallying cries that the winning campaigns used. They focused on a supposed economic threat posed by outsiders, as immigrants or as trade partners. This fuelling of anxieties underpinned a narrative centered on the need to "regain control," whether of borders or of economic forces.” NeedsWould BeUsedWinningForceCommonMistakeEconomicCryTrumpAnxietyVoteTradeThreatFocusedPartnersCampaignsNarrativeBordersThemeImmigrantsOutsidersSimilarityRallyingRallying Cry Author:Mariana Mazzucato
“Another similarity of Brexit and Trump's campaigns was an attack on so-called elites. This is not so much a failure of capitalism as of its high priests in the economic profession, for which we must all take some responsibility.” ResponsibilityEconomicTrumpCapitalismProfessionCampaignsPriestsElitesSimilarity Author:Mariana Mazzucato
“Brexit and Trump have brought the problems of capitalism into sharp relief, but both are only making things worse. Take the investment challenge - businesses invest where there they see technological or market opportunity.” ProblemOpportunityChallengesTrumpCapitalismInvestmentReliefTechnological Author:Mariana Mazzucato
“With a Trump administration we don't know enough yet to make predictions, but if past behavior is any indication, I am not encouraged.” IfsKnowsEnoughPastTrumpBehaviorAdministrationPredictionsIndication Author:Mariana Mazzucato
“As a businessman, Donald Trump has been associated with some of the worst excesses of a particular style of value-extracting and asset stripping capitalism: set up businesses, let them fail, avoid paying suppliers, use bankruptcy laws to avoid taxes for decades, then set up another business somewhere else. It is this model that is the cause of many problems we see today.” Has BeensUseProblemTodayLawValuesCausesFailingWorstStyleParticularTrumpTaxesModelsCapitalismDecadesAssetsExcessBusinessmanSomewhere ElseBankruptcyStrippingSuppliers Author:Mariana Mazzucato
“My specific concerns with Trump's plans are that they are likely to investments in infrastructure where the private returns are highest (for example toll roads and bridges) rather than where the public gains are greatest.” PlansExampleReturnTrumpHighestGainsConcernInvestmentBridgesInfrastructureTolls Author:Mariana Mazzucato
“Brexit and Trump's election are forcing countries to come up with new radical ideas.” IdeasCountryTrumpElectionCome UpRadicalRadical Ideas Author:Mariana Mazzucato
