The Truth about "Government Waste," Privatizing Public Goods, & Turning Citizens into Customers
The Money with Katie Show
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The Evolution of Government and Economic Engagement
This chapter explores the historical transformation of government involvement in the economy from the New Deal era to the Clinton administration, emphasizing the contrast between Keynesian and Austrian economic theories. It discusses the privatization of public goods, particularly focusing on the implications for citizens as they transition from individuals with communal responsibility to consumers in a market-driven society. Key themes include the role of lobbying, the complexities of public-private partnerships, and the necessity for transparency in government operations.
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