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Government-funded companies prioritizing buybacks over innovation reflects policy, Mariana Mazzucato argues

Government-funded companies prioritizing buybacks over innovation reflects policy, Mariana Mazzucato argues
Policy choices in government investment

Mariana Mazzucato criticized the use of public funds when companies receiving government investment prioritize share buybacks instead of increasing wages or supporting innovation.

Speaking at the GPMobilisation plenary session on jobs in the 21st century, Mazzucato described these actions as policy decisions that influence labor market dynamics and investment in innovation.

Earlier this year, Mazzucato prepared a working paper evaluating thirty National Energy Compacts ahead of Washington meetings on a mission-aligned World Bank, according to published research. She has also called for development finance to adopt new economic approaches to address contemporary challenges, as outlined in a recent article. The economist often links policy choices to impacts on jobs, investment, and innovation.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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