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Books > Business & Economics > Economics > Economic theory & philosophy
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The Value of Everything - Making and Taking in the Global Economy (Paperback)
Loot Price: R271
Discovery Miles 2 710
You Save: R61
(18%)
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The Value of Everything - Making and Taking in the Global Economy (Paperback)
 (1 rating, sign in to rate)
List price R332
Loot Price R271
Discovery Miles 2 710
You Save R61 (18%)
Expected to ship within 9 - 15 working days
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WINNER OF THE 2019 MADAME DE STAEL PRIZE AND THE 2018 LEONTIEF
PRIZE FOR ADVANCING THE FRONTIERS OF ECONOMIC THOUGHT SHORTLISTED
FOR THE FT & MCKINSEY BUSINESS BOOK OF THE YEAR 2018 Who really
creates wealth in our world? And how do we decide the value of what
they do? At the heart of today's financial and economic crisis is a
problem hiding in plain sight. In modern capitalism,
value-extraction is rewarded more highly than value-creation: the
productive process that drives a healthy economy and society. From
companies driven solely to maximize shareholder value to
astronomically high prices of medicines justified through big
pharma's 'value pricing', we misidentify taking with making, and
have lost sight of what value really means. Once a central plank of
economic thought, this concept of value - what it is, why it
matters to us - is simply no longer discussed. Yet, argues Mariana
Mazzucato in this penetrating and passionate new book, if we are to
reform capitalism - radically to transform an increasingly sick
system rather than continue feeding it - we urgently need to
rethink where wealth comes from. Which activities create it, which
extract it, which destroy it? Answers to these questions are key if
we want to replace the current parasitic system with a type of
capitalism that is more sustainable, more symbiotic - that works
for us all. The Value of Everything reigniteS a long-needed debate
about the kind of world we really want to live in.
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