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Quote of the week: Mariana Mazzucato

Sina Odugbemi's picture

Mariana Mazzucato“If we actually look at the few countries that have achieved smart, innovation-led growth, you’ve had this massive government involvement. How can we square that with the whole austerity discourse?”

-Mariana Mazzucato, an economist and author of The Entrepreneurial State: debunking public vs. private sector myths, which was featured on the 2013 books of the year lists of the Financial Times and Forbes. She is also the RM Phillips Professor in the Economics of Innovation at the University of Sussex, SPRU. She has also blogged for the World Bank in the past. 

We Are Here, Now Change the Subject

Sina Odugbemi's picture

According to the distinguished  political scientist, Sidney Tarrow, Occupy Wall Street -- and I suppose similar movements breaking out in much of the industrialized West --  are 'We are here' movements. For now, all they saying is: 'Recognize us!' As he points out, 'We are here' movements can either fizzle out or morph into something more powerful and insistent. It is too early to tell what will happen in this case. What he is clear about is that Occupy Wall Street is a wake-up call to the governing elite, one that members of that elite had better heed. The entire Foreign Affairs piece is worth reading.