Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy an...
Publisher: ALLEN LANE
Product Dimensions: 6 x 1.1 x 9.2 inches
Amazon Rank: 36518
Format: PDF ePub TXT ebook
reviews: Mazzucato has written a timely book in an age in which economists and the public alike seem too often to confuse wealth with value. We once understood price as a reasonable gauge for value, but not anymore. In modern capitalism and globalisation, val...
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