Labor and Capital Dynamics
Mariana discusses the shift in corporate governance since the late 1970s, highlighting how the focus on maximizing shareholder value has led to a decline in worker training and worsening inequality. She emphasizes the detrimental impact of reduced organized labor power on wage negotiations and the increasing disparity between labor and capital shares of income. This situation reflects a broader issue of value extraction from collective contributions, rather than a decline in labor's capabilities.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Rewriting the Rules of Capitalism and Public Investment — with Mariana Mazzucato
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