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Articles

Vol. 1 No. 1 (2020): A Crisis in Science

If I Ruled the World: A Dangerous Dream

Submitted
April 16, 2021
Published
2021-04-16

Abstract

How much easier it is to say that government represents “society’s interests” while the private sector just reflects, well, personal “selfish” interests. And that government is the “cocreator” of all that is good in society. Professor Mazzucato wants to discard the reality that government has no resources to spend other than what it has first coercively taken from others through taxation; and that government does not create wealth, it can only take some of the wealth produced by private enterprisers and reallocate it in directions different from how the producers of that wealth would have chosen to use and dispose of it, if not for the compulsory hand of those in political power.