In today's global 'commercial society' an inquiry into the
economic role of government is gaining momentum. Many crucial goods
for the well-being of a society are not 'commercial': national
security and clean air are good examples. This means that the
economic role of government is not limited to cure so-called
'market failures' but it has to provide for non-commercial goods.
Unfortunately in the last few decades the decline of the
political-economic culture of Western post-industrial societies has
left scope for people to blindly believe in a free, deregulated
market.
This book brings the culture of the state in from the cold, by
confronting readers at the start with the necessity of recognizing
the fundamental difference between private commercial interests,
whose provision rests on the culture of profit, and public shared
interests, whose provision rests on the culture of the state. This
book also explores how much individual well-being depends on
both.
The only chance for public shared interests, with their
non-profit nature, to successfully keep their ground in the face of
the overwhelming power of private commercial/financial interests,
lies in regenerating a political-economic state culture whereby
governments and policy-makers/politicians understand their
responsibility and social function to consist primarily in pursuing
the satisfaction of the former and not in acting on behalf of the
latter.
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