“SHAPING the market rather than FIXING its failures” M. Mazzucato | Progressive Person of the Year

In a year marked by political backsliding and a return to outdated economic thinking, FEPS is proud to name Mariana Mazzucato as its Progressive Person of the Year. Through books such as The Entrepreneurial State and The Big Con, Mariana Mazzucato has contributed to key debates on the role of the state and public purpose in the economy.

In this special edition of FEPS Talks Podcast, renowned economist and author Mariana Mazzucato joins László Andor for a wide-ranging conversation on why economics is never neutral, and why the real challenge today is not fixing markets, but actively shaping them.

From parasitic public-private partnerships to the limits of competitiveness, from the EU’s Green Deal and the Draghi report to state capacity, mission-driven industrial policy and dignity, Mazzucato challenges orthodox thinking and calls for a new political economy that serves people and planet.

This interview is also part of the 2026 edition of the Progressive Yearbook edited by FEPS and launched during FEPS’ traditional New Year Reception at our Headquarters in Brussels.