6. Innovation, the State and Patient Capital

Mazzucato, Mariana

doi:10.1111/1467-923x.12235

Cited by 21 publications

(13 citation statements)

References 16 publications

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“…Recent scholarship on bioeconomies, (late) capitalism, and neoliberal policies has further reinforced this bias, eventually paving the way to a fierce debate between (on one hand) those who claim that neoliberal capitalism strengthens and globalizes the reach and influence of markets, further reducing the interference of the public institutions in the economy (Biersteker 1990;Weiss 1997;Williamson 1993), and (on the other hand) those who insist that far from having been reduced and marginalized, the competition state is a key feature of neoliberal capitalism (Benner and Löfgren 2007;Mazzucato 2015;Cahill and Konings 2017). As a result of this debate, the state is increasingly recognized as an indispensable and integral governance actor in the chain not only in its role as facilitator (assisting firms) but also as regulator (limiting firms), producer (stateowned firms), or buyer (state purchases output of firm; Coe, Dicken, and Hess 2008;Yeates 2009;Horner 2017).…”

Section: Art Of the Statementioning

confidence: 99%

Global Fertility Chains: An Integrative Political Economy Approach to Understanding the Reproductive Bioeconomy

Vertommen

Pavone

Nahman

2021

Science, Technology, & Human Values

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Over the last two decades, social scientists across disciplines have been researching how value is extracted and governed in the reproductive bioeconomy, which broadly refers to the various ways reproductive tissues, bodies, services, customers, workers, and data are inserted into capitalist modes of accumulation. While many of these studies are empirically grounded in single country–based analyses, this paper proposes an integrative political economy framework, structured around the concept of “global fertility chains.” The latter articulates the reproductive bioeconomy as a nexus of intraconnected practices, operations, and transactions between enterprises, states, and households across the globe, through which reproductive services and commodities are produced, distributed, and consumed. Employing a diffractive reading of the literature on commodity chains and care chains, this unified approach scrutinizes the coproduction of value, biology, and technoscience and their governance mechanisms in the accumulation of capital by taking into account (1) the unevenly developed geographies of global fertility chains, (2) their reliance on women’s waged and unwaged reproductive labor, and (3) the networked role of multiple actors at multiple scales without losing sight of the (4) constitutive role of (supra)national states in creating demand, organizing supply, and accommodating the distribution of surplus value. We empirically ground this integrative political economy approach of the reproductive bioeconomy through collaborative, multisited fieldwork on transnational reproduction networks in Israel/Palestine, Romania, Georgia, and Spain.

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Section: Art Of the Statementioning

confidence: 99%

Global Fertility Chains: An Integrative Political Economy Approach to Understanding the Reproductive Bioeconomy

Vertommen

Pavone

Nahman

2021

Science, Technology, & Human Values

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“…Salaried scientists are unlikely to work harder for corporate profits than for the public good, and free knowledge still exploits the ability of competitive markets to minimize production costs. There is increasing acceptance among economists that the state must do much more than simply attempting to fix market failures and that transitioning to a sustainable economic model requires active steering by the state to create a technological revolution for the benefit of all (Mazzucato, 2016;Perez, 2017). Our response to global pandemics and other contagious diseases requires a commons knowledge economy, in which P2P-generated and publicly funded R&D into treatments and cures is freely available to all.…”

Section: Lessons For Global Sustainabilitymentioning

confidence: 99%

Open knowledge commons versus privatized gain in a fractured information ecology: lessons from COVID-19 for the future of sustainability

et al. 2020

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COVID-19 has shone a bright light on a number of failings and weaknesses in how current economic models handle information and knowledge. Some of these are familiar issues that have long been understood but not acted upon effectively – for example, the danger that current systems of intellectual property and patent protection are actually inimical to delivering a cost-effective vaccine available to all, whereas treating knowledge as a commons and a public good is much more likely to deliver efficient outcomes for the entire global population. But COVID-19 has also demonstrated that traditional models of knowledge production and dissemination are failing us; scientific knowledge is becoming weaponized and hyper-partisan, and confidence in this knowledge is falling. We believe that the challenges that COVID-19 has exposed in the information economy and ecology will be of increasing applicability across the whole spectrum of sustainability; sustainability scholars and policymakers need to understand and grasp them now if we are to avoid contagion into other sectors due to the preventable errors that have marred the global response to COVID-19.

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“…Documenting how many commercially successful products depend on state investments in technology and infrastructure, Mazzucato calls for policy makers to embrace the role of the 'entrepreneurial state' as a patient investor in risky enterprises, and a deliberate co-creator and shaper of markets for specified public purposes (Mazzucato 2015;2016b).…”

Section: Box 2: Keynes On Infrastructure Public Finance and 'The Wonmentioning

confidence: 99%

A conceptual analysis of social housing as infrastructure

Flanagan¹,

Martin²,

Jacobs³

et al. 2019

AHURI Final Report

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Related reports and documents Social housing as infrastructure https://www.ahuri.edu.au/research/research-in-progress/ahuri-inquiries/evidence-based-policyinquiry-53140 This material was produced with funding from the Australian Government and state and territory governments. AHURI Limited gratefully acknowledges the financial and other support it has received from these governments, without which this work would not have been possible. AHURI Limited also gratefully acknowledges the contributions, both financial and in-kind, of its university research partners who have helped make the completion of this material possible. Disclaimer The opinions in this report reflect the views of the authors and do not necessarily reflect those of AHURI Limited, its Board, its funding organisations or Inquiry panel members. No responsibility is accepted by AHURI Limited, its Board or funders for the accuracy or omission of any statement, opinion, advice or information in this publication. AHURI journal AHURI Final Report journal series is a refereed series presenting the results of original research to a diverse readership of policy makers, researchers and practitioners. Peer review statement An objective assessment of reports published in the AHURI journal series by carefully selected experts in the field ensures that material published is of the highest quality. The AHURI journal series employs a double-blind peer review of the full report, where anonymity is strictly observed between authors and referees.

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6. Innovation, the State and Patient Capital

Cited by 21 publications

References 16 publications

Global Fertility Chains: An Integrative Political Economy Approach to Understanding the Reproductive Bioeconomy

Global Fertility Chains: An Integrative Political Economy Approach to Understanding the Reproductive Bioeconomy

Open knowledge commons versus privatized gain in a fractured information ecology: lessons from COVID-19 for the future of sustainability

A conceptual analysis of social housing as infrastructure

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