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Tag Archives: Inequality

Talk of ‘globalisation’ will not help us understand the difficult choices ahead

Talk of ‘globalisation’ will not help us understand the difficult choices ahead

What role did a mysterious force called ‘globalisation’ play in the UK’s vote to leave the EU? And what now for globalisation? Those were the questions I was asked to discuss on BBC Radio 4’s Today programme on Monday with Editor of the Economist, Zanny Minton Beddoes.

Even amidst the current political turmoil, there are the beginnings of a much needed, more serious, search for answers as to why so many people, not only in the UK, feel that the global economy does not work for them. Even regions of the UK that are the largest beneficiaries of EU structural funds – worth €150 more

Today’s New Deal should be a Real Deal – a partnership of equals between public and private actors in the innovation economy.

Today’s New Deal should be a Real Deal – a partnership of equals between public and private actors in the innovation economy.

When you argue that the role of the state in the economy is more than a ‘facilitator’, a ‘de-risker’, a regulator, a spender or an administrator–you will get a big reaction. After all, these assumptions have been at the heart of economic policy in countries around the world for the last half-century or more. We like to pretend that the state is at best useful for fixing different types of more

New Years Resolution: battle against inequality and financialization

New Years Resolution: battle against inequality and financialization

The global financial crisis that began in 2008, and whose remnants are still felt strongly in countries facing full blown economic crises, was caused by two key factors. First: rising inequality, especially in the US, which caused those people with falling living standards to take out massive levels of debt, beyond what their income levels could later repay. Second: by a de-regulated financial sector which outstripped industrial more

L’abisso della disuguaglianza

L’abisso della disuguaglianza

English version

Italian version part 1 and part 2 (as featured in Italian newspaper La Repubblica)

“LA CRISI finanziaria globale che è cominciata nel 2008 e i cui strascichi si fanno ancora sentire pesantemente, è stata provocata da due fattori. more

Winner of the New Statesman SPERI prize for political economy

Winner of the New Statesman SPERI prize for political economy

I am delighted to have won the inaugural New Statesman / SPERI prize for political economy—announced today!

The prize is “awarded biennially to the scholar who has succeeded most effectively over in disseminating original and critical ideas in political economy to a wider public audience in the preceding two or three years” and the shortlist featured some very high-calibre economists whose work I greatly more

Owning the Future: How Britain Can Make it in a Fast-Changing World

Owning the Future: How Britain Can Make it in a Fast-Changing World

Professor Mazzucato contributed a chapter, titled ‘Smart and Inclusive Growth’, to this book, edited by former UK Shadow Business Secretary Chuka Umunna MP, and published by Policy Network. Other contributors included Lord Mervyn Davies CBE (former chairman of Standard Chartered PLC and former UK minister of state for trade, investment and small business), Lord David… more