Wednesday, May 20, 2015

The Value of Effective Government

https://consortiumnews.com/2015/05/18/the-value-of-effective-government/
"In the United States these trends are exacerbated by two other factors. One is growing economic inequality, with an expanding divide between the large numbers who must rely on the commons, including public schools and mass transportation, and a smaller number who have other options.
The increased concentration of wealth at the very top makes the private jet option a reality and not just a theoretical discussion point. And in a post-Citizens United world, the opportunities for the very wealthy to manipulate political perceptions in a way that blurs the meaning of the divide is greater than ever.
The other exacerbating factor is the prevalence in the United States of the ideologically driven belief that anything government does is ipso facto bad and that what the private sector does is by contrast good. This attitude ignores how, although markets do many things very well, there are many other important things that by their very nature markets cannot do well.
It also ignores the fact that the private sector does not equate with free markets and that sometimes more, not less, governmental involvement is necessary to have a truly competitive free market (antitrust enforcement being an obvious but by no means the only example)."