The Value of Everything Mazzucato

Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed.

"A much needed, sobering look at the seductive promises of new technologies. You couldn’t ask for a better guide than Jack Stilgoe. His book is measured, fair and incisive.”Hannah Fry, University College London, UK, and author of Hello World: How to be Human in the Age of the Machine

"A much needed, sobering look at the seductive promises of new technologies. You couldn’t ask for a better guide than Jack Stilgoe. His book is measured, fair and incisive.”Hannah Fry, University College London, UK, and author of Hello World: How to be Human in the Age of the Machine