The prominent progressive economist cited by Treasurer Jim Chalmers in his 6000-word essay on the future of capitalism says that governments must rediscover their ambition to work successfully with business and tackle major societal challenges such as climate change.
Mariana Mazzucato said that limiting state intervention in the markets had led to a loss of capability in the public sector around the world and a corrosive over-reliance on high-priced consultants.
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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
