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For the same reason a deregulated market of small tradesmen cannot do it.

A deregulated market of large corporations can't do it either (q.v. Enron et al) so I'm not entirely sure what your point is here.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sun Jun 1st, 2014 at 01:43:07 PM EST
[ Parent ]
A deregulated market of large corporations is a contradiction in terms. Large corporations create their own regulations in the absence of a strong central authority to bring them to heel.

That this regulation protects the interests of the large corporations and their immediate stakeholders is of course unsurprising. And that these interests do not coincide with electricity for everyone is equally unsurprising.

So my point is that if one likes having both electricity and democratic accountability, then one needs a central authority which is democratically accountable and strong enough to come down on major corporations like a ton of bricks.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jun 1st, 2014 at 02:06:42 PM EST
[ Parent ]


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