How can Mazzucato's ideas address climate change?
My 'mission-oriented' approach is directly applicable to tackling climate change. Instead of relying solely on market mechanisms, governments should set ambitious, measurable goals – 'moonshots' – for decarbonization. This involves directing public investment strategically to foster the necessary technologies, infrastructure, and industries. The state must actively shape the market to achieve these societal goals, not just passively wait for private sector solutions.
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