Mission Economy
A Moonshot Guide to Changing Capitalism
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Narrated by:
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Lexie McDougal
About this listen
Longlisted for the 2021 Porchlight Business Book Awards, Big Ideas & New Perspectives
“She offers something both broad and scarce: a compelling new story about how to create a desirable future.”—New York Times
An award-winning author and leading international economist delivers a hard-hitting and much needed critique of modern capitalism in which she argues that, to solve the massive crises facing us, we must be innovative—we must use collaborative, mission-oriented thinking while also bringing a stakeholder view of public private partnerships which means not only taking risks together but also sharing the rewards.
Capitalism is in crisis. The rich have gotten richer—the 1 percent, those with more than $1 million, own 44 percent of the world's wealth—while climate change is transforming—and in some cases wiping out—life on the planet. We are plagued by crises threatening our lives, and this situation is unsustainable. But how do we fix these problems decades in the making?
Mission Economy looks at the grand challenges facing us in a radically new way. Global warming, pollution, dementia, obesity, gun violence, mobility—these environmental, health, and social dilemmas are huge, complex, and have no simple solutions. Mariana Mazzucato argues we need to think bigger and mobilize our resources in a way that is as bold as inspirational as the moon landing—this time to the most "wicked" social problems of our time. We can only begin to find answers if we fundamentally restructure capitalism to make it inclusive, sustainable, and driven by innovation that tackles concrete problems from the digital divide, to health pandemics, to our polluted cities. That means changing government tools and culture, creating new markers of corporate governance, and ensuring that corporations, society, and the government coalesce to share a common goal.
We did it to go to the moon. We can do it again to fix our problems and improve the lives of every one of us. We simply can no longer afford not to.
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When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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A Great Overview of the Challenges of Modern Econ
- By Zach Sullivan on 08-06-18
By: Jean Tirole, and others
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No Ordinary Disruption
- The Four Global Forces Breaking All the Trends
- By: Richard Dobbs, James Manyika, Jonathan Woetzel
- Narrated by: Grover Gardner
- Length: 8 hrs and 18 mins
- Unabridged
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In No Ordinary Disruption, the directors of the McKinsey Global Institute, the flagship think tank of the world's leading consulting firm, McKinsey & Company, dive deeply behind current headlines to analyze the key forces transforming the global economy over the next two decades - and most importantly, to explain what business and government leaders need to do to reset their intuitions and take advantage of the disruptions ahead.
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Good performance, so-so content
- By Vignesh Krishnan on 08-28-16
By: Richard Dobbs, and others
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The Impulse Society
- America in the Age of Instant Gratification
- By: Paul Roberts
- Narrated by: Edoardo Ballerini
- Length: 9 hrs and 39 mins
- Unabridged
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Paul Robert digs down to the economic roots of the problem, shows how it has metastisized to affect every facet of our lives and our ability to navigate the future. In clear, cogent prose that mixes illuminating analysis and vibrant reporting, Roberts not only tells the fascinating story of how the impulse society came to be, but shows how, perhaps, a healthier society may still be possible.
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A Must-Listen for Millenials
- By Doug - Audible on 03-31-15
By: Paul Roberts
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Postcapitalism
- A Guide to Our Future
- By: Paul Mason
- Narrated by: Gildart Jackson
- Length: 13 hrs and 42 mins
- Unabridged
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Over the past two centuries or so, capitalism has undergone profound changes - economic cycles that veer from boom to bust - from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
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some good ideas...
- By "ge-ko" on 06-19-16
By: Paul Mason
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Creating a Learning Society
- A New Approach to Growth, Development, and Social Progress
- By: Joseph E. Stiglitz
- Narrated by: Sean Runnette
- Length: 12 hrs and 32 mins
- Unabridged
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It has long been recognized that most standard of living increases are associated with advances in technology, not the accumulation of capital. Yet it has also become clear that what truly separates developed from less developed countries is not just a gap in resources or output but a gap in knowledge. In fact the pace at which developing countries grow is largely determined by the pace at which they close that gap. Therefore, how countries learn and become more productive is key to understanding how they grow and develop, especially over the long term.
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tecnico pero vale la pena
- By Anonymous User on 01-27-19
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Radical Markets
- Uprooting Capitalism and Democracy for a Just Society
- By: Eric A. Posner, E. Glen Weyl
- Narrated by: James Conlan
- Length: 9 hrs and 7 mins
- Unabridged
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
- By Brian W. Veit on 10-30-18
By: Eric A. Posner, and others
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Digital Transformation
- Survive and Thrive in an Era of Mass Extinction
- By: Thomas M. Siebel
- Narrated by: Thomas M. Siebel
- Length: 9 hrs and 8 mins
- Unabridged
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The confluence of four technologies - elastic cloud computing, big data, artificial intelligence, and the internet of things - writes Siebel, is fundamentally changing how business and government will operate in the 21st century. Siebel masterfully guides listeners through a fascinating discussion of the game-changing technologies driving digital transformation and provides a roadmap to seize them as a strategic opportunity.
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The bible for your Digital Transformation projects
- By GR7381 on 07-19-19
By: Thomas M. Siebel
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China's Economy
- What Everyone Needs to Know®
- By: Arthur R. Kroeber
- Narrated by: Paul Heitsch
- Length: 11 hrs and 31 mins
- Unabridged
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China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s, China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.
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An interesting insight
- By Cole Peters on 11-28-18
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The End of Normal
- The Great Crisis and the Future of Growth
- By: James K. Galbraith
- Narrated by: L. J. Ganser
- Length: 9 hrs and 27 mins
- Unabridged
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The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe - and a stale argument between two false solutions, “austerity” on one side and “stimulus” on the other. Both sides and practically all analyses of the crisis so far take for granted that the economic growth from the early 1950s until 2000 - interrupted only by the troubled 1970s - represented a normal performance.
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The Zero Marginal Cost Society
- The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism
- By: Jeremy Rifkin
- Narrated by: David Cochran Heath
- Length: 14 hrs and 15 mins
- Unabridged
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In this provocative new book, Rifkin argues that the coming together of the Communication Internet with the fledgling Energy Internet and Logistics Internet in a seamless twenty-first-century intelligent infrastructure—the Internet of Things—is boosting productivity to the point where the marginal cost of producing many goods and services is nearly zero, making them essentially free.
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Not a convincing argument-just stories & ideology
- By Pierre Parent on 07-26-17
By: Jeremy Rifkin
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The Third Industrial Revolution
- How Lateral Power Is Transforming Energy, the Economy, and the World
- By: Jeremy Rifkin
- Narrated by: Kevin Foley
- Length: 12 hrs and 23 mins
- Unabridged
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Author Jeremy Rifkin presents an insider's account of the next great economic era: the Third Industrial Revolution, when a new ethic of sustainability will revolutionize the world we live in.
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Lamenting "The Third Industrial Revolution"
- By Joshua Kim on 05-01-12
By: Jeremy Rifkin
What listeners say about Mission Economy
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Peter J. Metz
- 08-12-22
Provocative ideas well documented.
Mazzucato‘s book develops new ways of tackling society’s problems based on a comprehensive overview, long range thinking and some good old ideas from the past. She extrapolates from the Apollo moonshot program’s approaches and success to attacking more substantial society issues in a participatory way. I found her book very stimulating.
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- Dillon DeBoer
- 03-29-23
Interesting read
Interesting read discussing private and public partnerships, the use of consultants, and the benefits of government spend.
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- Candice Lloyd
- 05-21-21
MIXed Review
While I totally agree with the author's basic thesis, I found her continuous use of acronyms and initialisms to be confusing. With an audiobook, it would be helpful to MIX abbreviations with the words they signify.
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1 person found this helpful
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- Daniel
- 12-19-21
great core idea, but gets a bit dull
+ the narrator was in not a good in choice for a book written by such a strong voice in current economics
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1 person found this helpful
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- Kirk S.
- 04-11-21
A civil way forward
Puts her previous works into a format that is salable to the general public. If read carefully by the governing class and put into action this way forward can save democracy and capitalism.
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- jermaine
- 12-14-21
l like this book
we need a follow up to this book in the future with all what's going on.
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- Brad
- 04-03-21
Excellent
A really timely synthesis of the author’s previous works into an action plan. Very worthwhile for policy makers.
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- Henrique Valle
- 12-06-21
Why the bureaucrat class must be kept away from the years of power at all costs
It’s hard to give more than a two stars rating to a book by an “economist” who doesn’t understand how printing money can cause inflation, a tax on the poor if there was ever one. Poor she claims to defend throughout the book, by the way.
And by defend I mean defending while her speaking fees reach 100,000 dollars a pop (or, most likely increased in the future due to said inflation…the irony).
But I will give this book a 5 stars because it shows how far away from reality the bureaucrat class is. This book is thus pure gold. Everything you thought about ivory towers and academia was right, and Mariana is proof of it.
This book is a concoction of half baked ideas summarized best as “state spending good capitalism bad”.
It’s basically a defense of bureaucracy by a bureaucrat.
The central point of the book (“big government projects like sending a man (the horror) to the moon worked so why would it not work with gender equality and global warming?”). Mariana doesn’t seem to understand that the deliverables of both kinds of projects are completely different. I bet she never ran a project in her cushioned life. She just wants you to hand over your moolah so that a bureaucrat can spend your cash any way they want, seldom with accountability (she never talks about the state flushing your money down the toilet, ever).
The number of fallacies and contradictions is extensive: she condemns big evil capitalism for hollowing out the middle class, but thinks it’s great that Mother China finances their willing pencil producers (who will both accelerate said hollowing of middle class in the West and pay starvation wages in China itself). She doesn’t see the contradiction. Then, absurdly, within the central topic of the book, she cherry picks and “forgets” to mention that Musks’ SpaceX will save Nasa hundreds of millions of dollars i.e. the money is going in the opposite direction of her claim...money which Musk put on the line from his very own pockets She doesn’t mention why the Challenger exploded (private company wanted the flight to be grounded...but not Nasa). She only mentions that Tesla and SpaceX “got hundreds of millions of dollars from the government” without a modicum of precision because hey, we don’t want the basic premise of our book being questioned do we?
Then she talks about socialized healthcare but also proposes a carbon ID where you pay more if you pollute more. I mean, the fact that if someone eats four tubes of Oreos a day washed down by a gallon of Fanta and expects society to pay for his diabetes is not much different from someone polluting more and not wanting to pay. So, Mariana, what’s gonna be? Why shall we not socialize polluting costs if we socialize bad health choices costs? She never ponders that. She never ponders that without Nuclear Energy none of her global warming dreams will happen, not even the dreams advocated even by radical neo-Malthusians she defends... who are jumping ship from Extinction Rebellion by the way (Zion Lights, their former spokes person now works with Michael Shellenberger who wrote the excellent Apocalypse Never and is an advocate of Nuclear Power). So, the oh so concerned with the little guy Mariana doesn’t have a problem supporting an organization (Extinction Rebellion) who terrorizes children and tells them they will die in 10 years. Neither does she care about the impact of her proposed policies in the poor parts of the world (am writing this review from Zambia, where the alternative to carbon based fuels is eating tree bark...cold uncooked tree bark at that mind you).
I guarantee Mariana has not seen an Economy Class seat in a very, very long time. So long for all her concerns about Co2.
But the most egregious proof that Mariana is just a jester (“one of the most influential economists in the world” they say) singing the popular tunes people want her to sing and that she is what Nassim Nicholas Taleb would call an IYI (Intellectual Yet Idiot) or perhaps Intellectual Yet Hypocrite, is that she condemns capitalism so much specially on the GREED front but her speaking fees are 50,000 to 100,000USD according to All American Speakers dot com. Google for it. It’s the classic Nomenklatura: watery cabbage soup for you, but we feast on caviar and champagne.
To sum it up: read this book if you want to accelerate (or start) your plans of protecting whatever it is you accumulated throughout your life, because bureaucrats like Mariana will come for your money, all of it, so that they can spend on moonshot projects of their choice and invite each other, WITH YOUR MONEY, to events where a speech by Mariana will set taxpayers by 100,000 dollars.
Greed is bad right?
So, Mariana, if you are reading this, I challenge you: show me that you are not a greedy capitalist and catch an economy class flight to Zambia and speak for free for the Zambian kids here who are very energy poor about why should they expect their government to do everything for them instead of them empowering themselves with everything they can to join the global (greedy) economy.
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8 people found this helpful