Abstract

I briefly lay out the case for expeditious establishment either of a National Investment Authority (NIA) or a National Reconstruction & Development Council (NRDC) of the kinds I have advocated elsewhere for several years now, or of a National Health Corporation (NHC) such as Jamie Galbraith and Michael Lind have advocated in in the midst of the present Covid Pandemic. National investment both in pandemic response and in productive capacity more generally, I argue, present challenges in the nature of classic collective action predicaments, which require means of regularized collective agency to address. The NHC, NIA, and NRDC are successively more ambitious such means, at least one of which must be commenced as expeditiously as possible.

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