Democracy and Regulation: How the Public Can Govern Essential Services

Greg Palast,Jerrold Oppenheim,Theo MacGregor

Democracy and Regulation: How the Public Can Govern Essential Services
Format
Paperback
Publisher
Pluto Press
Country
United Kingdom
Published
20 December 2002
Pages
240
ISBN
9780745319421

Democracy and Regulation: How the Public Can Govern Essential Services

Greg Palast,Jerrold Oppenheim,Theo MacGregor

Essential services are being privatised the world over. Whether it’s water, gas, electricity or the phone network, everywher from Sao Paulo in Brazil to Leeds in the UK is following the US economic model and handing public services over to private companies whose principal interest is raising prices. Yet it’s one of the world’s best kept secrets that Americans pay astonishingly little for high quality public services. Uniquely in the world, every aspect of US regulation is wide open to the public. How is this done and why has this process not taken root elsewhere? How is regulation threatened even in the United States? And what power does the public have to ensure that services are regulated along these US lines? This volume, based on work for the United Nations International Labour Organisation, is a step-by-step guide to the way that public services are regulated in the United States. It explains how decisions are made by public debate in a public forum. Profits and investments of private companies are capped, and companies are forced to reduce prices for the poor, fund environmental investments and open themselves to financial inspection.

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