Governments Are Not Startups | by Mariana Mazzucato & Rainer Kattel - Project Syndicate
Mariana Mazzucatoproject-syndicate.org
Governments Are Not Startups | by Mariana Mazzucato & Rainer Kattel - Project Syndicate
if anything is more naïve than an unquestioning belief in the transformative power of entrepreneurs, it is an unquestioning belief in the power of national governments, international organizations, and multinational corporations to address complex twenty-first-century challenges.
But just as we see with the most successful entrepreneurs, the state could regain its effectiveness by sealing an alliance with the most potent party of the day, the multitude. Building this alliance starts by providing the multitude with what they want: fairness and quality at scale. And the problem is that instead of improving, the quality of pub
... See moreThe ambition of government should be to set off catalytic reactions across society, an important part of which would be performing as a better partner to business – helping steer change towards meeting society’s challenges, offering clear rewards for businesses willing to help ‘make it happen’ and stumping up the high-risk early investments that bu
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