Αρχική / Κοινωνικές Επιστήμες / Πολιτική / The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes Our Governments and Warps Our Economies

The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes Our Governments and Warps Our Economies

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There is an entrenched relationship between the consulting industry and the way business and government are managed today which must change.

Mariana Mazzucato and Rosie Collington show that our economies' reliance on companies such as McKinsey, 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 both 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. To make matters worse, our best and brightest graduates are often redirected away from public service into consulting. In all these ways, the Big Con weakens our businesses, infantilizes our governments and warps our economies.

Mazzucato and Collington expertly debunk the myth that consultancies always add value to the economy. With a wealth of original research, they argue brilliantly for investment and collective intelligence within all organizations and communities, and for a new system in which public and private sectors work innovatively for the common good. We must recalibrate the role of consultants and rebuild economies and governments that are fit for purpose.

Συγγραφείς: Mazzucato Mariana, Collington Rosie
Εκδότης: PENGUIN
Σελίδες: 368
ISBN: 9781802060263
Εξώφυλλο: Μαλακό Εξώφυλλο
Αριθμός Έκδοσης: 1
Έτος έκδοσης: 2024

Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London, where she is Founding Director of the UCL Institute for Innovation & Public Purpose. She is winner of international prizes including the Grande Ufficiale Ordine al Merito della Repubblica Italiana in 2021, Italy's highest civilian honour, the 2020 John von Neumann Award, the 2019 All European Academies Madame de Staël Prize for Cultural Values, and 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. She is a member of the UK Academy of Social Sciences (FAcSS) and the Italian Academy of Sciences Lincei. In 2025, she was appointed Commander of the British Empire for services to economics in the King’s Birthday Honours List. Pope Francis appointed her to the Pontifical Academy for Life for bringing ‘more humanity’ to the world.

Rosie Collington is a PhD candidate at the UCL Institute for Innovation and Public Purpose, where she researches the political economy of outsourcing. She has written on consulting and other subjects for publications including the Guardian, OpenDemocracy and the Independent. Her academic research has been published by New Political Economy and the Institute for New Economic Thinking, and she has conducted policy research for a number of organisations including the British Heart Foundation and Common Wealth.

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