The Government as Venture Capitalist

BERKELEY – The American public’s attitude toward government, especially toward the federal government, recalls a classic scene in Monty Python’s “Life of Brian.”

“What have they ever given us in return?” fulminates John Cleese, playing a Judean revolutionary. “The aqueduct,” concedes a sheepish co-conspirator. “And sanitation,” says a second, as others pipe up with more examples.

“All right,” Cleese erupts in exasperation. “But apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, the fresh-water system, and public health, what have the Romans ever done for us?”

The scene brilliantly captures America’s cantankerous and contradictory zeitgeist. On one hand, public trust in government is at an all-time low. On the other hand, Americans are deeply frustrated with gaping holes in health care, education, equality of opportunity, infrastructure, and environmental protection – goods and services traditionally provided by government.