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Democracy and Regulation - How the Public Can Govern Essential Services (Paperback, illustrated edition)
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Democracy and Regulation - How the Public Can Govern Essential Services (Paperback, illustrated edition)
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Essential services are being privatised the world over. Whether
it's water, gas, electricity or the phone network, everywher 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 United States? And what power does the public have to
ensure that services are regulated along these US lines?;This
volume, based on work for the United Nations International Labour
Organisation, is a 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.
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