The Value of Everything: Who Makes and Who Takes from the Real Economy
The Value of Everything: Who Makes and Who Takes from the Real Economy4.11 45 5 Author: Mariana Mazzucato Narrator: Randye Kaye
In her previous work, The Entrepreneurial State, Mariana Mazzucato argued that public investment has been the most significant driver of innovation and product development. The iPhone as it exists would not have been possible without government-sponsored technology like Siri and Touch ID. Yet Apple today, like numerous other companies, is engaging in a massive repurchase scheme, and for the first time has prioritized value-extraction practices such as spending to boost shareholder profit-the very initiatives that funded their software.
If private companies continue down this path, they will succeed in diminishing the size of their largest and most successful investor-the state-and will destroy powerful opportunities, shrivel markets, and depress wealth.
More information about the audiobook:Publisher: HighBridge Audio
Length: 12H 28Min
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