The Big Con by Mariana Mazzucato

The Big Con by Mariana Mazzucato

A vital and timely investigation into the opaque and powerful consulting industry--and what to do about it

There is an entrenched relationship between the consulting industry and the way business and government are managed today that must change. Mariana Mazzucato and Rosie Collington show that our economies' reliance on companies such as McKinsey & Company, Boston Consulting Group, Bain & Company, PwC, Deloitte, KPMG, and EY stunts innovation, obfuscates corporate and political accountability, and impedes our collective mission of halting climate breakdown.

The "Big Con" describes the confidence trick the consulting industry performs in contracts with hollowed-out and risk-averse governments and shareholder value-maximizing firms. It grew from the 1980s and 1990s in the wake of reforms by the neoliberal right and Third Way progressives, and it thrives on the ills of modern capitalism, from financialization and privatization to the climate crisis. It is possible because of the unique power that big consultancies wield through extensive contracts and networks--as advisors, legitimators, and outsourcers--and the illusion that they are objective sources of expertise and capacity. In the end, the Big Con weakens our businesses, infantilizes our governments, and warps our economies.

In The Big Con, Mazzucato and Collington throw back the curtain on the consulting industry. They dive deep into important case studies of consultants taking the reins with disastrous results, such as the debacle of the roll out of HealthCare.gov and the tragic failures of governments to respond adequately to the COVID-19 pandemic. The result is an important and exhilarating intellectual journey into the modern economy's beating heart. With peerless scholarship, and a wealth of original research, Mazzucato and Collington argue brilliantly for building a new system in which public and private sectors work innovatively for the common good.

Mazzucato, Mariana: -

Mariana Mazzucato, PhD, is a professor in the Economics of Innovation and Public Value at University College London, where she is the founding director of the UCL Institute for Innovation & Public Purpose. She has written, edited, or co-authored numerous books, articles, and papers on policy, capitalism, economics, and innovation, including The Entrepreneurial State: Debunking Public vs. Private Sector Myths and The Value of Everything: Making and Taking in the Global Economy. She advises policy makers worldwide and is currently a member of the South African Presidential Economic Advisory Council, the Scottish Government's Council of Economic Advisors; the UN's Committee for Development Policy, and the OECD's Secretary General's Advisory Group on a New Growth Narrative. She is also a Special Advisor to the Italian Prime Minister, and a Special Advisor for the EC Commissioner for Research, Science and Innovation. She lives in London with her husband and four children.

SKU	Unavailable
ISBN 13	9780593492673
ISBN 10	0593492676
Title	The Big Con
Author	Mariana Mazzucato
Condition	Unavailable
Binding Type	Hardback
Publisher	Penguin Putnam Inc
Year published	2023-03-07
Number of pages	352
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.