Who Pays for Public Infrastructure
The financial oligarchy refuses to
pay for the public infrastructure it uses that
benefit its business
activities, such as public highways, bridges,
public education and
health care and mass transit, amongst others
including research and
development. The building of the infrastructure
makes huge profits for
big business while much of the payment for these
necessary investments
in a modern economy falls to the public purse
without revenue returning
to the governments from the economic activity they
engender and the
value they produce.
The issue is never broached by
the rulers or their media and education system
that government debt to
private interests is completely unnecessary,
wasteful and harmful. The
state could borrow from itself and repay the debt
from the added-value
workers create in an expanding and stable economy.
If
the government used the money borrowed from itself
to invest in public
enterprise then the increased value and income
from those enterprises
would quickly repay the debt and more, making the
increased value
available for investments in social programs as
well as providing
stable employment for workers.
Governments usurped
by the oligopolies use the public revenue they
have collected to pay
the rich to build, maintain and manage all manner
of public
infrastructure including public roads, bridges,
mass transit, housing,
hospitals, educational institutions etc.
Once public
infrastructure is built and up and running, the
private enterprises of
the imperialist oligarchy refuse to realize (pay
for) the full amount
of the infrastructure they consume in the course
of operating their
businesses. A problem posed for the people to
resolve is to ensure that
when public or private enterprises consume public
infrastructure during
the course of their business as means of
production, the amount
consumed and transferred into the value of their
production must be
realized and accounted for in a transparent,
complete and direct manner.
Public infrastructure must be seen in their true
form as
public means of production essential for all
economic sectors and
enterprises, and not as articles of consumption
for which individuals
must pay.
Private conglomerates nowadays operate as
global cartels and coalitions which maraud with
impunity to control the
socialized economies and seize whatever benefits
they deem fit in the
moment. Those who control the cartels and
coalitions have the aim to
seize maximum profits under all conditions and
circumstances. Anyone
who claims they can be moderate or socially
responsible is in denial
for their own self-serving interests.
The striving
of the cartels and coalitions is to control the
productive forces. If
they fail to control them, then they destroy them.
The cut-throat
competition over control clashes inexorably with
the striving of the
working people to mobilize the modern
interconnected economy and all
its parts to meet their needs and organize it to
function seamlessly
and collectively without crises.
The problem posed
for the working class is to begin by declaring
that there is an
alternative to the present crisis-ridden and
destructive policy which
pays the rich. The alternative begins by insisting
that governments
must be duty-bound to provide Canada with a modern
aim which serves the
people and society. The economy can be organized
so that each part
supports each other and complements the whole
under the control and
direction of the actual producers.
This article was published in
Volume 50 Number 34 - September 12, 2020
Article Link:
Who Pays for Public Infrastructure
Website: www.cpcml.ca
Email: editor@cpcml.ca
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