Mazzucato: Private Debt Is the Problem, Not Deficits

The video discusses overlooked economic thinking gaining traction due to political events like Brexit and Trump. It highlights issues with business investment, policy roles, and the need for market shaping. The focus is on financialization, short-termism, and the impact on R&D and human capital. The UK and US face wage stagnation and private debt issues, emphasizing the need for stakeholder capitalism over shareholder capitalism.

What is one of the key problems highlighted in the first section regarding global business investment?

• High levels of public debt

• Excessive focus on short-term profits

• Lack of co-investment between public and private sectors

• Over-reliance on technology

According to the second section, what is a major consequence of companies focusing on short-term stock prices?

• Skills crisis due to lack of reinvestment

• Improved employee satisfaction

• Higher levels of R&D investment

• Increased innovation

What economic issue is discussed in relation to the financial crisis in the third section?

• Public debt

• Private debt

• Currency devaluation

• Trade deficits

What type of capitalism does the third section suggest as a solution to current economic challenges?

• Stakeholder capitalism

• Laissez-faire capitalism

• Shareholder capitalism

• State capitalism

Which country's approach to value creation is suggested as a model in the third section?

• United States

• Germany

• France

• United Kingdom