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The Case for Big Government

The Case for Big Government

By Jeff Madrick
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Tag: Utilities


badjonni (CC BY-SA 2.0)

The Leveraged Buyout of America

Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gaining control of the essential lifelines of the economy. How did they pull this off, and where did they get the money?

Posted on Aug 26, 2013 READ MORE



Szymon Kochanski (CC BY-NC-ND 2.0)

Bolivia Nationalizes Electrical Grid

As neighboring Argentina brings its oil supply under state control, Bolivian President Evo Morales announced last week that his government has placed the country’s electricity sector under public ownership by seizing the main power grid from a Spanish company.

Posted on May 7, 2012 READ MORE


Baghdad power lines
AP photo / Samir Mizban

Baghdad’s Other Power Struggle

As one U.S. soldier tells Truthdig foreign correspondent Anna Badkhen, it’s not entirely a bad sign that residents of Baghdad’s Saidiyah neighborhood are complaining about their meager daily power allotment: A year earlier they were concerned about just staying alive.

Posted on May 11, 2008 READ MORE


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