This economist has a plan to fix capitalism. It’s time we all listened

Mariana Mazzucato, author of The Value of Everything and “one of the most influential economists in the world,” first set out to rewrite a narrative of corporate innovation that omitted the role of the state’s early investments in risk-taking. Now the European Parliament has just approved Mazzucato’s proposal for Horizon Europe, a set of concrete, measurable policies designed to invest heavily in moonshot solutions in five defined mission areas: “adaptation to climate change; cancer; healthy oceans, seas, coastal and inland waters; climate-neutral and smart cities; and soil health and food.”