Productive Public–Private Partnering in Crisis and Beyond

Abstract

Abstract I briefly lay out the case for expeditious establishment of a National Investment Authority (NIA) or National Investment Council (NIC) of the kinds I have advocated for some years now, or of a National Health Corporation (NHC) such as Jamie Galbraith and Michael Lind have advocated in in the midst of the 2020 COVID pandemic. National investment both in pandemic response and in productive capacity more generally, I argue, present challenges in the nature of classic collective action problems, which require permanent means of regularized collective agency to address. The NHC, NIC, and NIA are successively more ambitious such means, at least one of which must be commenced as expeditiously as possible.