Is Mazzucato critiquing capitalism itself?
My critique is not of capitalism per se, but of a specific, distorted form that prioritizes short-term financial gains and value extraction over long-term, societal value creation. I argue that without the state's proactive role in shaping markets and fostering innovation, capitalism can become stagnant and incapable of addressing urgent global challenges. My goal is to reform capitalism, making it more equitable and sustainable.
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