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Technology, Sovereignty, Globalisation

How to Socialise the Rewards of Innovation

Lecture by Mariana Mazzucato, dialogue with Evgeny Morozov


The economist Mariana Mazzucato, author of the highly-acclaimed book The Entrepreneurial State: debunking public vs. private sector myths, willfocus on the public sector investments that led to the Silicon Valley growth model.  

She argues that the limited narrative of the state’s role in innovation—in the media, in policy and in economic theory— as only ‘fixing markets’ rather than co-creating and shaping them, has justified risks to be socialised while profits are privatised. It is this, not the “robots", that are leading to the problematic relationship between innovation and inequality. 

The talk ends by considering the concrete implications of a more collective understanding of wealth creation, and new ways to rethink public private contracts that lead to more inclusive growth. 

Presenters: Evgeny Morozov

Participants: Mariana Mazzucato

This activity is part of Technology, Sovereignty, Globalisation

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