What do you think?
Rate this book
The Common Good Economy: A New Compass
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 than proactively building the economy we need.
In The Common Good Economy, Mariana Mazzucato builds on her visionary ideas of the entrepreneurial state and mission-oriented policies to establish a new theory of the common good, one which allows governments and businesses to develop purposeful economic relationships, creating value and building spaces where human flourishing can happen. She argues that how we achieve collective goals – through collective action, participation and reciprocity – matters as much as what those goals are. The book provides a practical ‘common good compass’ to help navigate our economies in a radically different direction.
Full of compelling real-world examples, from governing water as a global common to transforming procurement and finance, this is a rigorous reimagining of economics and a manifesto for a future economy that serves people and the planet. It could not be more timely.
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 than proactively building the economy we need.
In The Common Good Economy, Mariana Mazzucato builds on her visionary ideas of the entrepreneurial state and mission-oriented policies to establish a new theory of the common good, one which allows governments and businesses to develop purposeful economic relationships, creating value and building spaces where human flourishing can happen. She argues that how we achieve collective goals – through collective action, participation and reciprocity – matters as much as what those goals are. The book provides a practical ‘common good compass’ to help navigate our economies in a radically different direction.
Full of compelling real-world examples, from governing water as a global common to transforming procurement and finance, this is a rigorous reimagining of economics and a manifesto for a future economy that serves people and the planet. It could not be more timely.
- GenresEconomics
Kindle Edition
Published June 4, 2026
About the author
Mariana Mazzucato
30 books1,051 followersMariana Mazzucato (PhD) is Professor in the Economics of Innovation and Public Value at University College London, where she directs the Institute for Innovation and Public Purpose. Her best selling books include The Entrepreneurial State, The Value of Everything and Mission Economy. Her many prizes include the 2020 John von Neumann Award and the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. She is Chair of the World Health Organization’s Council on the Economics of Health for All and a member of the UN High Level Advisory Board for Economic and Social Affairs.
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
No one has reviewed this book yet.