Summary of Capitalism’s Greatest Weakness?

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

Capitalism’s Greatest Weakness? summary
Start getting smarter:
or see our plans




  • Controversial
  • Analytical
  • Overview


Does the CEO of a big tech company add more value to the economy than a teacher or a politician? Most people would say yes, and the reason hinges on the price-centric nature of today’s economic mind-set. Workers such as nurses and bureaucrats aren’t viewed as economic stimulators, even though the economy would certainly be worse off without them. Professor Mariana Mazzucato says that it’s time to view these engines of capitalism in a different light. getAbstract recommends this thought-provoking article for its alternative view of what makes capitalism tick.

About the Author

Mariana Mazzucato is a professor of economics at University College London.



The Great Recession turned a spotlight on the adverse impacts of risk taking and speculation. Yet still today, a system that backs the speculative use of financial assets over investments that create jobs remains deep-rooted. While some believe that discrete reforms – for example, discouraging the corporate fixation on quarterly results and reining in exorbitant executive salaries – could help change that mind-set, the crux of real reform lies in examining what creates value. 

Economic theory once held that the value of a product or service dictated...

More on this topic

Customers who read this summary also read

The Value of Everything
Radical Markets
Capitalism in America
The Myth of Capitalism
The Financial Crisis and the Free Market Cure
Reimagining Capitalism in a World on Fire

Related Channels

Comment on this summary