Book contents
- Privatization and Its Discontents
- Privatization and Its Discontents
- Copyright page
- Dedication
- Contents
- Acknowledgments
- Introduction
- 1 Early Liberalism, Adam Smith, and the Seeds of the Infrastructural State
- 2 Forging the Infrastructural State
- 3 “A Wilderness of Turnpike Gates”
- 4 The Panic of 1837 and the Infrastructure Crash
- 5 “The Ground under Our Feet”
- 6 The Death of Laissez-Faire and the Rise of Infrastructure in the Cold War
- Conclusion
- Index
Conclusion
“Our Crumbling Infrastructure”
Published online by Cambridge University Press: 08 June 2023
- Privatization and Its Discontents
- Privatization and Its Discontents
- Copyright page
- Dedication
- Contents
- Acknowledgments
- Introduction
- 1 Early Liberalism, Adam Smith, and the Seeds of the Infrastructural State
- 2 Forging the Infrastructural State
- 3 “A Wilderness of Turnpike Gates”
- 4 The Panic of 1837 and the Infrastructure Crash
- 5 “The Ground under Our Feet”
- 6 The Death of Laissez-Faire and the Rise of Infrastructure in the Cold War
- Conclusion
- Index
Summary
The 1980s saw a revival of infrastructure as a theme in American politics. This reflected a decline in federal investment and inspired concerns about decline in the fate of America’s future. Soon after Ronald Reagan took office, politicians and experts took to the stage to make the case for renewed infrastructure investment. In the midst of our perennial debates over fiscal politics, many have looked to the New Deal as a source of inspiration, a reminder of the possibilities that lie in concerted government action in the public good. Infrastructure’s best centrist case as an object of public investment lies in economic growth and development, supplying a foundation or precursor to other activities that are considered valuable, such as innovation, trade, jobs, etc. social liberals will want to broaden the category of infrastructure in ways that fit within their vision of good government as an agent of advance. Fiscal conservatives, on the other hand, may worry that infrastructure is just a “gobbledygook” term for pork barrel, tax-and-spend politics, and a displacement of the private sector by government. The recent debate over President Biden’s infrastructure legislation reflects these dynamics.
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- Information
- Privatization and Its DiscontentsInfrastructure, Law, and American Democracy, pp. 199 - 210Publisher: Cambridge University PressPrint publication year: 2023