Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Monday, December 11, 2017 06:15:03 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Opinion

But who will build the roads?

By
15th-Nov-2014       
Comments
Share your thought
Post a comment »
Read all () »

Kevin Carson :
China just announced a regional infrastructure plan to promote the integration of Asian markets under Chinese leadership - sparking predictably hypocritical outrage from the United States ("China's Pouring $40 Billion Into a New 'Silk Road,'" The Blaze, November 9). Chinese President Xi unveiled the Silk Road Fund to leaders of Bangladesh, Cambodia, Laos, Mongolia, Myanmar, Pakistan and Tajikistan as they prepared for a summit on Asian-Pacific affairs. The announcement follows the creation of a $50 billion bank last month by China and twenty other governments to finance regional infrastructure.
According to unnamed US officials, Silk Road is an unnecessary duplication of existing World Bank efforts. The subtext, of course, is that the World Bank and other Bretton Woods institutions, along with Western foreign aid programs, were created to integrate the world economy under the control of Western capital (primarily that of the US and its trilateral junior partners in Western Europe and Japan). China, as a rising regional power and the second largest economy in the world, challenges the hegemony of global economic governance institutions created to serve American interests - much as the rising power of imperial Germany a hundred years ago challenged Britain's unrivaled naval and colonial domination.
The hypocrisy comes in when you consider the sheer scale of US government global infrastructure financing since World War II, and its pretense that the goal of this financing is service to the neutral interests of some "international community."
Some people (especially liberals) frame state-funded infrastructure as a neutral good that benefits everyone. It is no such thing. Depending on its scale, structure, and degree of overlap between its funders and its beneficiaries, it benefits some economic actors at the expense of others like any other state-funded input. One stereotypical question we anarchists like to attribute to liberals - usually delivered in a whiny, quavering voice - is "but who will build the roooaaads?"
In fact, despite the lionization of "infrastructure" as "progressive," every major, centralized, nationally funded infrastructure project in American history has had politically organized business interests as its main constituency, serving primarily to subsidize their business models. In early US history it was mainly the Federalists and Whigs, parties of the national commercial interests, who promoted federally-funded "internal improvements." The massively subsidized national railroad system, with its high-capacity central trunk lines and reliable schedule, gave rise to a nationwide wholesale and retail ecosystem, which in turn enabled giant industrial corporations to produce on a continental scale. Like the railroad system, the federally subsidized civil aviation and Interstate Highway systems made large nationwide corporations artificially competitive against local producers by enabling them to externalize increased distribution costs onto the taxpayer.
Some right-leaning libertarians whose hearts bleed for corporate interests adopt a pose of ignorance, echoing liberal arguments that "the roads benefit anyone who wants to use them," or disingenuously twisting left-libertarian arguments that subsidized roads benefit some business interests at everyone else's expense as a condemnation of large corporations for "driving on public roads."
Some use similar chicanery on a global scale, asking how libertarians could object on principled grounds to obviously "neutral" activities like the US Navy keeping world sea lanes open for commerce. This is just a larger-scale libertarian equivalent of "but who will build the roooaaads?" For an answer we need only consult Adam Smith, who argued that public infrastructure should be financed by its beneficiaries: That public bridges be financed by tolls based on the weight of vehicles passing over them, and that navies be financed based on the value of merchant cargo shipped under their protection.

Tariff
Add Rate

News Archive

Inside The New Nation

International »

Chinese billionaire-in-exile wants regime change in Beijing


AFP, New York :Billionaire Guo Wengui, who is seeking asylum in the United States after accusing officials in his native China of corruption, wants "a change of the regime" in Beijing and the introduction of democracy in the world's most populous country."I want to try and to have rule of ...

Editorial »

Aman harvest has no effect on rice market


PASSING the Aman harvest, rice price has not come down as government leaders earlier said and rather gone up to the dismay of the common people all over the country. Though farmers are happy with higher price; although they have suffered production loss at many places due to late receding ...

Cricket »

Players of Comilla Victorians celebrating after dismissal of Chris Gayle of Rangpur Riders during the Qualifier-2 match of the AKS Bangladesh Premier League (BPL) Twenty20 Cricket between Comilla Victorians and Rangpur Riders at the Sher-e-Bangla National Cricket Stadium in the city's Mirpur on Sunday.


Sports »

Members of Rongdhanu RDS, the runners-up of the Hedayet Hossain Memorial Night Cricket Tournament pose for a photo session at Bangladesh Ground in Old Dhaka recently.


Entertainment »

Gauhar makes to sexiest Asian list for fourth consecutive time


For the fourth consecutive year, Bollywood actress and model Gauhar Khan has been voted to the top 10 list of ‘50 Sexiest Asian Women list’ in the world. It is an annual UK poll, which has been released in London recently. The actress, who is known for her choice of ...

City »

Convenor of Nagorik Oikya Mahmudur Rahman Manna speaking at a discussion organised by 'Mayer Dak, a social organisation at the Jatiya Press Club on Sunday with a call to bring back forced disappeared people to their mothers' laps.


International »

Ex-Fox news anchor Huddy claims Trump kissed her


Huff Post :A former Fox News anchorwoman who accused Bill O'Reilly of sexually harassing her in 2011 is now claiming that Donald Trump kissed her on the lips in an elevator.Juliet Huddy said Thursday morning on the "Mornin!!! With Bill Schulz" podcast (which has a paywall) that it happened around ...

Editorial »

Dust pollution takes toll in cities’ air


PRESENCE of dust and pollution in the air of our cities has reached alarming levels. It's happening mainly due to chaotic construction works, poor management and protracted traffic jams. According to Air Quality Index Report of the Department of Environment's (DoE) "Clean Air and Sustainable Project" earlier this month, air ...

Sports »

Chanchal emerges unbeaten champion in Blitz Chess Championship


BSS, Dhaka  :Chanchal Kumar Ghosh emerged as unbeaten champion in the Blitz Chess Championship with 6.5 points after the 7th round game on Friday at E Commerce Club hall room in Uttara. Five players finished in second to sixth position with 5.5 points after the tie breaking system. They are ...

Sports »

First-place Nao Kodaira (center) of Japan stands with second-place Lee Sang-hwa (left) of South Korea and third-place Arisa Go (right) of Japan after the women's 500 meters at a World Cup speedskating event Friday in Kearns, Utah.


Entertainment »

Akshay to back out of Gulshan Kumar's biopic?


 Akshay Kumar, who has films like Padman and 2.0 lined up for 2018, has created a stir after rumors of him stepping out of the film titled Mogul came to the forefront. Mogul is a biopic on the creator of T-series, Gulshan Kumar. According to the rumors, Akshay Kumar and ...

City »

BNP Secretary General Mirza Fakhrul Islam Alamgir, among others, at a discussion organised on the occasion of 10th founding anniversary of Bangladesh Kalyan Party at the Jatiya Press Club on Saturday.


Editorial »

Mysterious theft of fertiliser from Govt depots


DESPITE fertile land loss, inclement weather and depleting irrigation water, Bangladesh's agriculture keeps contributing a fifth of the GDP each year. Along with other factors, government's policy support in the form of fertiliser subsidy plays a big part here. But misappropriation of the key agro input such as fertiliser by ...

City »

`National Committee for the Implementation of Prime Minister`s Approved Gazetted Salaries` formed a human chain in front of the Jatiya Press Club on Friday to meet its demands.


.

Entertainment »

Are Virat and Anushka getting hitched?


Over the past few days, there are some reports doing the rounds that ace cricketer Virat Kohli and Bollywood starlet Anushka Sharma are getting married. According to these reports, both these love-birds will tie the knot in Italy.  The manager of Anushka has already slammed these reports by saying these ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news