Why Public Control of Infrastructure Matters
Wenonah Hauter, Donald Cohen
We’ve all heard the statistics about our nation’s crumbling infrastructure and agree it needs to be fixed—the American Society of Civil Engineers estimates we need to invest $4 trillion in our infrastructure across the country. But what’s still up for debate is how improvements will be financed and who will be in control—the public, or corporations and big banks? It’s an important distinction—privatized infrastructure projects have a troubling track record.