Professor Mariana Mazzucato

In war, no one says, the 2030 agenda in Ukraine, right?

You wanna win?

You wanna win quickly.

Why is it that during COVID, we ended up using wartime tools

like the Defense Production Procurement Act in the US, which came from the Korean War.

So that's just what I meant by taking things seriously.

There's a whole section in the book before I get to the common good compass.

Hold on a second.

The reason why public goods and the commons, which is Eleanor Ostrom's great idea, she was the first woman to win the Nobel Prize.

One is correcting for market failure, one for government failure.

Why are they kind of not enough?

And I don't think we should throw the baby out with the bathwater.

Why we need something kind of extra, which is the common good economy.

is that the way we've structured business, the way we've structured public institutions, and the way we've structured their interrelationship is problematic.

So market fixing states, problematic.

Shareholder value maximization businesses, problematic.

Parasitic relationships between the two, very problematic.

So I unpick all these problems in capitalism.

This is not about going to communism.

We can all talk about whether we prefer a socialist or communist state.