Democracy and Regulation: How the Public Can Govern Essential Services - Softcover

Palast, Greg

Softcover

ISBN 10: 0745319424 ISBN 13: 9780745319421

Publisher: Pluto Press, 2002

Synopsis

Essential services are being privatised the world over. Whether it's water, gas, electricity or the phone network, everywhere 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 US? And what power does the public have to ensure that services are regulated along these US lines? This book, based on work for the United Nations International Labour Organisation and written by experts with unrivalled practical experience in utility regulation, is the first 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. In a world where privatisation has so often led to economic disaster -- in Peru, telephone charges increased by 3000%; in Rio de Janeiro, 40% of electricity workers lost their jobs; in Britain water prices rose by 58% -- this book is essential reading. Palast, Oppenheim and MacGregor examine what's right with the traditional American system, why regulation elsewhere has failed, and -- most importantly -- what can be done to fix it.

About this title

About the Authors

Greg Palast is an investigative journalist whose articles have appeared in the New York Times, Observer, Washington Post, and The Nation and Salon.com. He has appeared on BBC Newsnight as special investigations reporter. He is the winner Financial Times David Thomas Prize, for Industrial Society Investigative Story of the Year. He has also been nominated by the UK Press Association as Business Writer of the Year. His books include The Best Democracy Money Can Buy (Pluto, 2002) and Democracy and Regulation: How the Public Can Govern Essential Services (Pluto, 2002).

Jerrold Oppenheim has represented Attorneys General, consumers, low-income consumers, labour unions, environmentalists, and industry before utility regulatory commissions and other forums for more than 30 years. He is the author of Democracy and Regulation: How the Public Can Govern Essential Services (Pluto, 2002).

Theo MacGregor was director of the Electric Power Division of the Massachusetts Department of Telecommunications and Energy, the state's utility regulator. She now runs MacGregor Energy Consultancy and provides expert analysis to state governments and other organisations about the electric industry. She is the author Democracy and Regulation: How the Public Can Govern Essential Services (Pluto, 2002).

Edition details

• Publisher: Pluto Press
• Publication date: 2002
• Language: English
• ISBN 10: 0745319424
• ISBN 13: 9780745319421
• Binding: Paperback
• Number of pages: 256