The world is facing multiple challenges:
a pandemic, global warming, and a financial crisis, to name just three. To address them all, we need to rethink what capitalism is for.
Video: Walk the Talk of Stakeholder Capitalism
Mariana Mazzucato on the four things companies must do to help solve the world’s biggest problems.
May 13, 2021
· Long read
Summary.
To solve big, global problems, companies must rethink capitalism and how they collaborate, argues Mariana Mazzucato, professor in the economics of innovation and public value at University College London. They can do this in four ways: seeing things differently so that challenges are faced collectively; doing things differently so that more stakeholders benefit; collaborating differently to focus on a shared mission; and redistributing wealth differently.