The Common Good Economy
A New Compass
$71.14
- Hardcover
352 pages
- Release Date
4 July 2026
Summary
Our economic system is broken. The climate crisis is accelerating. Inequality is deepening. Public trust is crumbling. Wealth concentrates in fewer hands while governments scramble to fix what markets can’t do, rather than to shape them from the outset.
For too long, economics has treated ‘the good’ - whether public goods or the commons - as merely correcting market or government failures. This economic framing traps us in an endless cycle of being reactive, patching problems rather t…
Book Details
| ISBN-13: | 9780241722244 |
|---|---|
| ISBN-10: | 0241722241 |
| Author: | Mariana Mazzucato |
| Publisher: | Penguin Books Ltd |
| Imprint: | Allen Lane |
| Format: | Hardcover |
| Number of Pages: | 352 |
| Release Date: | 4 July 2026 |
| Weight: | 550g |
| Dimensions: | 32mm x 164mm x 241mm |
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Critics Review
A must read – Thomas Piketty, author of A Brief History of Equality
In a world increasingly characterized by pessimism and fear, this book provides a much-needed positive perspective on how economies can be shaped towards the common good. This is not a Utopian ideal: it is possible with the collective efforts of workers and civil society to re-orient economic governance in very specific ways. Once again, Mazzucato provides a vision and a road map to push us from passivity to action – Jayati Ghosh, Professor of Economics, University of Massachusetts Amherst
An ambitious book … Mazzucato urges us to reject altogether the idea of patching up “market failures”, or treating social and economic problems as nasty but inevitable side-effects of economic growth, to be tackled with the odd taxpayer-funded side project – Heather Stewart * Guardian *
Mariana Mazzucato
Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London, where she is Founding Director of the UCL Institute for Innovation & Public Purpose.
She is a winner of international prizes including:
- Grande Ufficiale Ordine al Merito della Repubblica Italiana (2021) - Italy’s highest civilian honour
- John von Neumann Award (2020)
- All European Academies Madame de Stael Prize for Cultural Values (2019)
- Leontief Prize for Advancing the Frontiers of Economic Thought (2018)
In 2025, she was appointed Commander of the British Empire for services to economics in the King’s Birthday Honours List. Pope Francis appointed her to the Pontifical Academy for Life for bringing ‘more humanity’ to the world.
She is a member of the UK Academy of Social Sciences (FAcSS) and the Italian Academy of Sciences Lincei.
Her award-winning books include:
- The Entrepreneurial State (2013)
- The Value of Everything (2018)
- Mission Economy (2021)
- The Big Con (2023)
She advises policymakers around the world on innovation-led inclusive and sustainable growth. Her policy roles include:
- Chair of the World Health Organization’s Council on the Economics of Health for All
- Co-Chair of the Global Commission on the Economics of Water
- Member of the South African President’s Economic Advisory Council
- Co-Chair of the Group of Experts to the Brazilian 2024 G20 Task Force for the Global Mobilization against Climate Change
- Special Representative of President Ramaphosa to the 2025 G20 Taskforce 1 on Inclusive Economic Growth, Industrialization, Employment, and Reduced Inequality
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