What is the role of the government in providing public goods in a capitalist economy?

What is the role of the government in providing public goods in a capitalist economy?

In a capitalist economy, the role of the government in providing public goods is to ensure the provision of goods and services that are necessary for the overall well-being of society but are not efficiently provided by the private sector. This includes infrastructure, national defense, law enforcement, education, healthcare, and other essential services. The government typically funds and regulates the production and distribution of these public goods to ensure their accessibility and equitable distribution among the population.