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.
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.
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|Other Independent Review articles by John Brätland|
|Summer 2020||Efficiency as Undetermined Allocation: On a Just Privatization of U.S. Offshore Resources|
|Winter 2007/08||Resource Exhaustibility: A Myth Refuted by Entrepreneurial Capital Maintenance|
|Spring 2004||Externalities, Conflict, and Offshore Lands: Resolution Through the Institutions of Private Property|