Can Britain’s “mission-led” government defy gravity?

illustration featuring Keir Starmer, Rachel Reeves, and Ed Miliband in profile against a dark blue background with white stars. Behind them, a red rocket with the number "01" on its side is launching into space, leaving a red and white trail.

2024-07-18  925  晦涩

Sir Keir, a technocrat by inclination, was partly inspired by the work of Mariana Mazzucato, an economist and author of “Mission Economy: A Moonshot Guide to Changing Capitalism”. In it she argues that the space programmes of the 1960s and the covid-19 vaccination effort can provide a model for tackling other complex challenges. By setting audacious goals, using state procurement smartly and giving businesses and researchers the task of coming up with solutions, governments can fix big problems, boost productivity and generate other innovations (just as the moon landings led to baby formula and foil blankets). That, at least, is the theory.

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