[...] the Right may be onto something when it describes global warming as a Bolshevik plot: curbing climate change requires a fundamental rethinking of our economic system and the role of the state in orchestrating it. Conservatives grasp at a visceral level just how vast the implications of the ecological crisis really are. For them, rejecting climate change is a perfectly rational political position.

[...] Innovation, she argues, is a collective process. And as CEOs skim billions off of share buybacks, the people and institutions who help feed their profit margins—from blue-collar workers to public-sector researchers—may not be getting the credit and cash they deserve. Making a fairer and more equal economy in such a context will mean not just redistributing wealth, but reassessing who society’s wealth creators really are. It’s to that end that Mazzucato invokes Industrial Workers of the World founder Big Bill Haywood: “The barbarous gold barons do not find the gold, they do not mine the gold, they do not mill the gold, but by some weird alchemy all the gold belongs to them.”