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This very concept is well explored by Mariana Mazzucato's Entrepreneurial State[1]: > the United States' economic success is a result of public and state funde
by riccardomc 5y ago
This very concept is well explored by Mariana Mazzucato's Entrepreneurial State[1]:
> the United States' economic success is a result of public and state funded investments in innovation and technology, rather than a result of the small state, free market doctrine that often receives credit for the country's strong economy.
I really liked this Freakonomics episode[2] if you're more the podcast kind of person.
[1]https://en.wikipedia.org/wiki/The_Entrepreneurial_State https://en.wikipedia.org/wiki/The_Entrepreneurial_State
[2]https://freakonomics.com/podcast/mariana-mazzucato/ https://freakonomics.com/podcast/mariana-mazzucato/
- BingoAhoy 5y agoMake's me wonder how in many circle's the narrative can take hold of peoples mind so effectively that it's all free market accredited (and the opposite in other circles). Why (rhetorical question) is it that either capitalism or socialism are optimal (depending on which information fountain one drinks from) is the dominate narrative rather than a more healthy view that tries to optimize a hybrid of these two or a more complex alternative formulation.