00:01
Looking at consumer sovereignty and political decision as these driving forces behind funding and demand for different goods and services, we're looking at a variety of these.
00:11
We want to identify is it consumer sovereignty or is it political decision that's making these choices or funding these programs? so we're looking at transportation and arguably for a lot of these i would say that both of these are playing a part.
00:24
So transportation particularly, i'd like to say that both of these are playing a rule.
00:28
While much of what transportation uses, so a lot of our roadways are going to be funded by political decision, consumer sovereignty is really that demand which requires it.
00:38
So even though the consumers may not be the ones directly paying for it, but maybe they are though because we also pay taxes.
00:44
So that would be in the sense where the consumer is paying taxes, but the political decision is being made for where those taxes should go.
00:51
Education here, this is probably going to be mainly this political decision in the sense that the government funds these public.
00:59
Schools.
01:00
Yes, there are private schools, in which case we have consumer sovereignty, but for the most part, we're dealing with public education, in which case this is a very political decision.
01:09
The police force, this is also going to be a political decision.
01:12
We know that this is a government program, so the government is that which is funding the police.
01:17
Energy efficiency of appliances...
