Podcast
Questions and Answers
According to Mazzucato's video, what was the focus of economic thinking in the 1800s?
According to Mazzucato's video, what was the focus of economic thinking in the 1800s?
- Labour (correct)
- Innovation
- Farming
- Preferences
What does Mazzucato suggest is a common misconception regarding value creation?
What does Mazzucato suggest is a common misconception regarding value creation?
- Making money by moving it around is highly valuable
- Having a higher income always indicates higher productivity (correct)
- Creating quick profits is the main measure of value
- Value creation is synonymous with value extraction
According to Mazzucato, why are innovators considered the drivers of economic growth?
According to Mazzucato, why are innovators considered the drivers of economic growth?
- They generate quick profits
- They work in both public and private sectors
- Their new ideas and inventions lead to economic improvements (correct)
- They focus on financial tricks
What role does the public sector play in relation to innovation, as highlighted by Mazzucato?
What role does the public sector play in relation to innovation, as highlighted by Mazzucato?
In Mazzucato's view, why is it important to rethink how we measure value in society?
In Mazzucato's view, why is it important to rethink how we measure value in society?
What does Mazzucato criticize about some individuals' approach to making money?
What does Mazzucato criticize about some individuals' approach to making money?
What is the long-term goal of business sustainability according to the text?
What is the long-term goal of business sustainability according to the text?
How does the concept of a 'circular economy' contribute to sustainability?
How does the concept of a 'circular economy' contribute to sustainability?
What is a key challenge with Corporate Social Responsibility (CSR) mentioned in the text?
What is a key challenge with Corporate Social Responsibility (CSR) mentioned in the text?
Why is it mentioned that companies should replace shareholder capitalism with stakeholder capitalism?
Why is it mentioned that companies should replace shareholder capitalism with stakeholder capitalism?
How can working with other organizations impact sustainability efforts?
How can working with other organizations impact sustainability efforts?
What is a benefit of building a loyal customer base related to business sustainability?
What is a benefit of building a loyal customer base related to business sustainability?
