The Value of Everything by Mariana Mazzucato audiobook

The Value of Everything: Who Makes and Who Takes from the Real Economy

By Mariana Mazzucato
Read by Callie Beaulieu

HighBridge, Highbridge Audio
12.46 Hours Unabridged
Format: Digital Download (In Stock)
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    ISBN: 9781681682433

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    ISBN: 9781681682426

The Value of Everything argues that American companies have for too long been valued according to the amount of wealth they capture for themselves rather than for the value they create for the economy. In fact, Pfizer, Amazon, and other companies are actually dependent on public money, spend their resources on boosting share prices and executive pay, and reap ever-expanding rewards without offering the market value. In her previous work, The Entrepreneurial State, Mariana Mazzucato argued that public investment has been the most significant driver of innovation and product development. The iPhone as it exists would not have been possible without government—sponsored technology like Siri and Touch ID. Yet Apple today, like numerous other companies, is engaging in a massive repurchase scheme, and for the first time has prioritized value-extraction practices such as spending to boost shareholder profit—the very initiatives that funded their software. If private companies continue down this path, they will succeed in diminishing the size of their largest and most successful investor—the state—and will destroy powerful opportunities, shrivel markets, and depress wealth.

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Summary

Summary

The Value of Everything argues that American companies have for too long been valued according to the amount of wealth they capture for themselves rather than for the value they create for the economy. In fact, Pfizer, Amazon, and other companies are actually dependent on public money, spend their resources on boosting share prices and executive pay, and reap ever-expanding rewards without offering the market value. In her previous work, The Entrepreneurial State, Mariana Mazzucato argued that public investment has been the most significant driver of innovation and product development. The iPhone as it exists would not have been possible without government—sponsored technology like Siri and Touch ID. Yet Apple today, like numerous other companies, is engaging in a massive repurchase scheme, and for the first time has prioritized value-extraction practices such as spending to boost shareholder profit—the very initiatives that funded their software. If private companies continue down this path, they will succeed in diminishing the size of their largest and most successful investor—the state—and will destroy powerful opportunities, shrivel markets, and depress wealth.

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Author

Author Bio: Mariana Mazzucato

Author Bio: Mariana Mazzucato

Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London (UCL) where she is also Founder and Director of the Institute for Innovation and Public Purpose. She is author of the highly-acclaimed book The Entrepreneurial State: Debunking Public vs. Private Sector Myths, and winner of the 2014 New Statesman SPERI Prize in Political Economy, the 2015 Hans-Matthöfer-Preis and the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. She advises policymakers around the world on how to deliver ‘smart’, inclusive and sustainable growth. She was named as one of the ‘3 most important thinkers about innovation’ in the New Republic.

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Details

Details

Available Formats : Digital Download, CD
Category: Nonfiction/Biography
Runtime: 12.46
Audience: Adult
Language: English