“Government Is Broken”: The Collapse of the Public Governing Capacity
June A. Sekera ()
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June A. Sekera: Tufts University
Chapter Chapter 1 in The Public Economy in Crisis, 2016, pp 1-8 from Springer
Abstract:
Abstract Contemporary mainstream economics has been a prime factor in the degradation of the public governing capacity in the United States and other western democracies. The marketizationMarketization of American government, in particular, is the chief reason for its declining ability to reliably deliver goods and services. Market advocates, exploiting neoclassical economic theory, have transformed public goods production in imitation of a market model. This has led to the evisceration of public services and the dismantling of traditions of responsible public administration. The ravaging of government has proceeded largely unhindered because we have no adequate economic theory to explain the public non-market economy, no intellectual infrastructure to explain how its purposes and processes differ crucially from those of the market, and no effective conceptual model that demonstrates why such differences matter.
Keywords: Public Choice; Public Administration; Valid Theory; Neoclassical Economic Theory; Public Good Production (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-319-40487-5_1
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DOI: 10.1007/978-3-319-40487-5_1
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