Political Economy Podcast podcast

3. "The Value of Everything" - by Marianna Mazzucato

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The Value of Everything – Making and Taking in the Global Economy by Marianna Mazzucato (Public Affairs, 2018) 384 pages

What is value? Who produces it in the economy? Does something only have value if it can be bought and sold on the market? How good is the GDP figure in assessing value created in the economy? Does carework create value? Does the state create value? Why do prostitution, the gray economy and environmental degradation increase the GDP figure? Why should the financial sector be as small as possible, rather than as large as possible? Do patents support value creation?


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