Why privatizing public goods like education, healthcare doesn't work

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Why privatizing public goods like education, healthcare doesn't work
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Many Americans think of education and transportation as public goods, but they're actually heavily privatized. Here's why that's a problem. (by paulconstant)

, said that the economic definition of what is and isn't a public good is surprisingly narrow.

Many fields that ordinary Americans assume to be public goods — public education, libraries, public transportation — don't fit that strict description. But that's a problem, Cohen said, and the definition of public goods should be broadened and simplified to"the things that we all need and we need everyone to have: education, knowledge, health, clean air, and water, community, parks, libraries."," Cohen argues that the last half-century has seen private enterprise gobble up government services under the specious argument that if the private sector could theoretically provide a service, it should provide that service.

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