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Redeeming public remedy: it takes effective government to restore opportunity. After decades of government-bashing, we need to win back support for what we do in common.(SOLUTIONS)

American Prospect, The,  May, 2007  by Lipsky, Michael; Stewart, Dianne

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PRIVATE ENTERPRISE PRODUCES EMPLOYMENT, WAGES, and wealth, but our public structures are what facilitate the conduct of business, providing the framework necessary for markets to thrive. Key public systems also help protect people against the risks of a free-market economy and provide the infrastructure for economic opportunity such as public- and higher-education systems, tasks that are beyond the purview of any individual.

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Although the balance between market forces and government institutions and regulations varies over time and place, the notion that public structures and market ...

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