Advancing Public Goods

Advancing Public Goods

The Cournot Centre series

Edited by Jean-Philippe Touffut

The studies cover topics in the conceptualization, classification and stratification of public goods. Also examined are public institutional design, global economic institutions and partnership typologies. Individual papers address the financing, regulatory, organizational and legal aspects relating to services of general interest in Europe. The dynamics of global public good production, including monopolies, patents, scientific uncertainty and market failures, are discussed. Empirical research on the state, profit and non-profit sectors is presented. Providing numerous examples of specific public goods, the contributions also highlight the impact of macroeconomic policies on provision. The book presents a broad diversity of new approaches to global public goods within the framework of mixed economies, beyond the standard economic analysis of public services.

Chapter 3: Services of General Interest in a Competitive Multinational Space

Philippe Herzog

Subjects: economics and finance, public sector economics

Extract

Philippe Herzog INTRODUCTION There is broad universal consensus that Europe should develop and provide public goods. However, the context in which Europe must create and provide such goods is far from favourable. It is shaped by economic and financial globalization, the information technology revolution and a crisis within the political system. Indeed, the ability of the European political system to define and organize public goods has become very problematic. Consequently, the fundamental question of the creation and provision of public goods in a multinational, competitive space is as urgent as it is evident. A secular European politics adapted to its epoch must be able to show what the version of greatness is, as far as that politics is specifically concerned, that it has in mind. (Sloterdijk, 2003) If a Europe of public goods is to come into being, this will require more than a series of pacts limited to competitiveness and fiscal and regulatory competition. Values of sharing and interactivity must become common projects. Fundamental rights must be acknowledged, which unite players in the field around multinational services of general interest (SGIs). European regulation of cross-border networks must be established. The role of information – revolutionized by technology – in developing interactively the capacities of Europe’s population must be grasped. Yet these imperatives are certainly incompatible with both the current capitalist and state hold on information systems and the closed nature of educational systems within the European Union. In this chapter, we explore the practical and philosophical implications of European...

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