Rethinking value creation for a post-Covid recovery that is inclusive and sustainable

Abstract

Value is often confused with Price. And the public sector is not seen as a value creator, just a market fixer. The lecture looked at both these problems and develop a new approach to public policy that is based on market shaping and co-creation. It focused on the implications for achieving the sustainable development goals and for constructing a post-Covid economic recovery that is sustainable and inclusive. The lecture was based on two key references: Mazzucato’s latest book The Value of Everything: making and taking in the global economy and her high impact work with the European Commission on Mission Oriented Policy.