Mission Economy by Mariana Mazzucato [5/10]

British economics professor Mariana Mazzucato wants to restore the place and import and seriousness of government in shaping countries, in direct opposition to the neo-liberal, post-Reagan notion of governments scooting into the shadows. “Mission Economy: A Moonshot Guide to Changing Capitalism” is an academic idea for everypeople like me, a narrative contrasting what the United States could once achieve, with the moonshot (and indeed the atomic bomb), and our current world’s obeisance to private sector capitalism. Not only should governments return to an active role in shaping a nation’s structure and funding, Mazzucato offers principles for how such a restored role should ensure good value and stewardship. Outside my usual interests, I found the writing to be coherent but the overall plotline a trifle mundane. However, in the Covid-19 era of governments opening up purse strings to avoid meltdown, Mission Economy is sure to find fascinated readers.

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