Democracy in Power
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Democracy in Power
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See morePrivate money, public good, and the original fight for control of America's energy industry.
Until the 1930s, financial interests dominated electrical power in the United States. That changed with President Franklin D. Roosevelt's New Deal, which restructured the industry. The government expanded public ownership, famously through the Tennessee Valley Authority, and promoted a new kind of utility: the rural electric cooperative that brought light and power to millions in the countryside. Since then, public and cooperative utilities have persisted as an alternative to shareholder control. Democracy in Power traces the rise of publicly governed utilities in the twentieth-century electrification of America.
Sandeep Vaheesan shows that the path to accountability in America's power sector was beset by bureaucratic challenges and fierce private resistance. Through a detailed and critical examination of this evolution, Vaheesan offers a blueprint for a publicly led and managed path to decarbonisation. Democracy in Power is at once an essential history, a deeply relevant accounting of successes and failures, and a guide on how to avoid repeating past mistakes.
Book Details
INFORMATION
ISBN: 9780226836386
Publisher: The University of Chicago Press
Format: Hardback
Date Published: 04 December 2024
Country: United States
Imprint: University of Chicago Press
Illustration: 15 halftones, 17 line drawings, 2 tables
Audience: Professional and scholarly
DIMENSIONS
Spine width: 33.0mm
Width: 152.0mm
Height: 229.0mm
Weight: 680g
Pages: 400
About the Author
Sandeep Vaheesan is legal director of the Open Markets Institute. His popular writing has appeared in the Washington Post, New Republic, Atlantic, and Dissent.
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