The Role of the State in Democracy

There's this myth right that value is created in business and You might have some very right-ring idyllog saying that then there's no role for government. So we're not actually looking at that when we're looking at new labor kind of governments We're looking at governments say no there is a role for the state, but what is it therefore? It's there to de-risk The private sector why because the private sector is taking on the risks And they are entrepreneurs so you need the public sector to de- risk that process. Facilitate it enable it fix different market failures redistribute the income if you're on the left side of the political spectrumYou'll want that redistribution