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Mission Economy

A Moonshot Guide to Changing Capitalism

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Mission Economy

By: Mariana Mazzucato
Narrated by: Lexie McDougall
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About this listen

Brought to you by Penguin.

Even before the Covid-19 pandemic in 2020, capitalism was stuck. It had no answers to a host of problems, including disease, inequality, the digital divide and, perhaps most blatantly, the environmental crisis. Taking her inspiration from the 'moonshot' programmes which successfully co-ordinated public and private sectors on a massive scale, Mariana Mazzucato calls for the same level of boldness and experimentation to be applied to the biggest problems of our time. We must, she argues, rethink the capacities and role of government within the economy and society, and above all recover a sense of public purpose. Mission Economy, whose ideas are already being adopted around the world, offers a way out of our impasse to a more optimistic future.

©2021 Mariana Mazzucato (P)2021 Penguin Audio Economics Political Science Politics & Government Theory

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Critic reviews

"One of the most influential economists in the world." (Wired)
Most relevant  
got to get settled down to listen and concentrate, and the sections maybe could have been more cut up into smaller chapters according to headings, but interesting, especially if also interested in the NASA aspect as well as the economics/systems/institutes

enjoyed

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Interesting concept but fundamentally the book has lots of lists which become monotonous and are not well suited for be read aloud as an audiobook. Would not recommend

Not well suited to an audiobook

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Doesn’t fit audiobook format at times (reading out a lot of abbreviations, tables or bullet pointlists

Interesting central concept - limited depth of explanation or application

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interesting and passionately told, but struggled to buy into the obvious bias in the pitch. Worth listening to to form your own opinion.

Interesting but flawed

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I’ve struggled with this audiobook. It has too many lists, and should probably be 50% shorter. It’s a shame that the author didn’t narrate this as she has a great voice and the narrator doesn’t sound like she believes it. The list sections are simply painful to listen to. I had to give up with an hour to go.

Interesting but not suited to an audiobook

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I loved the Value of Everything, but this was deeply disappointing.

Lots of this book is just fluff: e.g. the long writings on the UN’s sustainable development goals which are entirely unnecessary and just empty, as they’re intentionally meaningless platitudes written by elites designed to appeal to just about everyone in every member country.

Also, Mazzucato is a victim of her own success. Her opinion that the state should drive investment, in 2023, is essentially consensus among political elites, regardless of party, in the US, UK and EU.

The obvious and greater risk now seems to be that the period of dramatic underinvestment in the 2010s is over, and we instead are entering an inflationary period of huge state subsidy and protectionism which leads to overproduction and inefficiency (for example, in semiconductors).

Not every government-led project is NASA during the moon landings, and Mazzucato does not even begin to recognise this in this book.

Disappointing, Simplistic and Biased

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