Episode 404: The Public Wealth of Cities
Talking Headways: A Streetsblog Podcast
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The Difference Between a Public Wealth Fund and Privatization
A public wealth fund is a way of saying, okay, what is currently under the public ownership and how can we use that better to benefit the public. Privatization is taking some public good or public service and eviscerating its structures of public accountability. A level of confidence in government being able to even do things correctly has reached something like a nadir in large parts of American politics.
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