What is “infrastructure?” What are its social benefits? What should it cost? Are social and human capitals part of a society’s “infrastructure?”
With Senator Joe Manchin yesterday declaring his principled opposition to one party hegemony in a constitutional democracy, which respects minority opinion, President Biden will now have greater difficulty getting his plans for spending trillions on “infrastructure” approved by the Congress.
President Biden’s proposed spending on “infrastructure” raises, yet again, the institutional question of where is the sweet spot for optimal symbiosis between free market decision-making and government provision of public goods via regulation or rent transfers?
What are “public goods” anyway? How valuable are they?
From the Caux Round Table perspective of moral capitalism, getting the definition of “infrastructure” seems basic to system optimization of both capitalism and stakeholder outcomes.
Please join us for an in-person celebration of the ending of the pandemic round table discussion on “infrastructure” at 9:00 am on Tuesday, June 29, at the Landmark Center in downtown St. Paul.
Cost to attend is $10.00 per person.
Participation will be limited to the first 20 registrants.
To register, please email Jed at email@example.com.
The event will last about two hours.