Book contents
- The American Political Economy
- The American Political Economy
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Introduction The American Political Economy: A Framework and Agenda for Research
- I Political Arenas and Actors
- II Race, Space, and Governance
- III Corporate Power and Concentration
- IV The American Knowledge Economy
- 11 The United States as Radical Innovation Driver: The Politics of Declining Dominance?
- 12 Public Investment in the Knowledge Economy
- 13 Concentration and Commodification: The Political Economy of Postindustrialism in America and Beyond
- Epilogue The American Political Economy Confronts COVID-19
- Bibliography
12 - Public Investment in the Knowledge Economy
from IV - The American Knowledge Economy
Published online by Cambridge University Press: 29 October 2021
- The American Political Economy
- The American Political Economy
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Introduction The American Political Economy: A Framework and Agenda for Research
- I Political Arenas and Actors
- II Race, Space, and Governance
- III Corporate Power and Concentration
- IV The American Knowledge Economy
- 11 The United States as Radical Innovation Driver: The Politics of Declining Dominance?
- 12 Public Investment in the Knowledge Economy
- 13 Concentration and Commodification: The Political Economy of Postindustrialism in America and Beyond
- Epilogue The American Political Economy Confronts COVID-19
- Bibliography
Summary
In the spring of 2020, the world was faced with a new, highly contagious and deadly disease, and at the time of writing, it is not clear what the long-term consequences of the Coronavirus pandemic will be. Epidemiological, medical and public health expertise rapidly became salient due to the potential life-and-death consequences of scientific technology and expertise. From its outset, the importance of knowledge and scientific expertise in government responses and national well-being provided a stark example of a more general underlying trend in the political economies of advanced industrialized capitalist democracies. Though without the same universal life-and-death stakes, changing technologies of production have been increasing the importance of knowledge as an input to economic progress and prosperity for the past forty years.
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- The American Political EconomyPolitics, Markets, and Power, pp. 351 - 374Publisher: Cambridge University PressPrint publication year: 2021
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