Apr 29, 2023
But governments around the world — and even in the United States — are today, and have been in the past, engaged in production in a vast array of different industries, sometimes competing with the private sector, in other cases as monopoly producers. Even in capitalist societies, there has been a widely held principle that certain things are so critical to the functioning of life and the economy, they shouldn’t be left to the whims of unaccountable private actors looking to get rich at any cost, but be put under some kind of democratic control and their revenues allowed to be recycled for the common good.
Pete Buttigieg: Hungry Babies, Regrettably, Are Just the Price of the Free Market
