From the award-winning author of The Entrepreneurial State and Mission Economics, an inspiring call to solve our deepest challenges—from inequality to climate change—by adopting a radical new approach to economics.
"Essential reading." -Thomas Piketty, New York Times bestselling author of Capital in the Twenty-First CenturyWhether it's the water crisis, rampant poverty, or the next global pandemic, the problems threatening humanity require collective action. But policymakers confront these problems with economic models that lack a crucial element: they do not regard the public good as a worthy goal.In this ambitious and timely book, economist Mariana Mazzucotto offers a corrective to prevailing economic thinking, defining a new economic theory centered on the common good. It shows how markets can be reformed marginally, and reshaped to embody principles of exchange rather than exploitation, and collectivism rather than individualism. She emphasizes that it is not enough to talk about “public goods” and “commons,” but rather we must achieve the “public good” on the ground.
