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Capital Concepts as Insights into the Maintenance and Neglect of Infrastructure
By John Brätland
This article appeared in the Summer 2010 issue of The Independent Review


Abstract

Publicly owned roads, bridges, water and sewage systems, and the like are often badly neglected, compared to privately owned infrastructure. This neglect can be better understood through the application of the concepts of “public capital” and “political and bureaucratic capital.”



Other Independent Review articles by John Brätland
    Winter 2008   Resource Exhaustibility: A Myth Refuted by Entrepreneurial Capital Maintenance
    Spring 2004   Externalities, Conflict, and Offshore Lands: Resolution Through the Institutions of Private Property



Volume 15 Number 1
Summer 2010

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