IP: Populism's comeback

[David Farber <dave () farber net>]

> Date: Sun, 3 Jun 2001 11:50:37 -0600 (MDT)
> From: Brett Glass <brett () lariat org>
> To: dave () farber net
>
>
> Populism's comeback
>
> BY MOLLY IVINS
>
> GRAY Davis, the Al Gore of California (are we sure this man has a
> bellybutton?), has suffered a conversion to populism. Funny how populism
> always comes back again when people notice they are getting gouged by
> corporations.
>
> The last time we had unregulated electricity markets in the United States
> was in the 1880s, and energy writer Harvey Wasserman describes it as
> ``an unmitigated disaster: a short-term free-for-all followed by an avalanche
> of corporate consolidation.''
>
> George Westinghouse and J.P. Morgan (General Electric) were the largest
> among the few remaining behemoths. Morgan wanted to ``avoid the
> inconveniences of competition, which he considered barbaric, an
> unconscionable waste of resources.''
>
> More at
>
> http://www0.mercurycenter.com/premium/opinion/unpub/060927.htm



For archives see: http://www.interesting-people.org/