Democracy And Regulation
Democracy And Regulation

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Jerrold Oppenheim
Theo MacGregor

57 Middle Street
Gloucester, Mass.
01930 USA

Other Works
By Greg Palast

Breakdown in the Electricity Supply: The Experience of California
The Bergen Conference, Bergen, Norway
March 11, 2002
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The experience of electricity competition in America has been failure. Very few of the industrial customers who lobbied for it are happy with the results. Indeed, the fall of Enron in an ocean of lies is symbolic of the deceptive promise of the marketplace. Promises of price savings turned into harsh realities of sharply higher and more volatile prices, blackouts, and job losses. However, the catastrophic failure of competition in California, and the state's recovery efforts, demonstrate the strength of democracy to correct even the most egregious mistakes.

Includes section on rising residential prices in the UK after deregulation (at about p. 21).