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Valuing the World, with Mariana Mazzucato - Dissent Magazine

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In her new book, economist Mariana Mazzucato explodes the myth that wealth is created solely by a select few trailblazing entrepreneurs, and lays out how our collective innovation can be put into the service of a more equal economy.

If someone’s rich, does that mean they’re productive? In her latest book, The Value Of Everything: Making and Taking in the Global Economy, economist Mariana Mazzucato, director of the Institute for Innovation and Public Purpose at University College London, unpacks a few hundred years of economic history to explode the myth that wealth is created solely by a small pack of trailblazing, billionaire entrepreneurs. Innovation, she argues, is a collective process. And as CEOs skim billions off of share buybacks, the people and institutions who help feed their profit margins—from blue-

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