On December 4th, from 6pm - 8pm, join the Open Markets Institute for cocktails and conversation to celebrate the launch of Democracy in Power: A History of Electrification in the United States from our legal director, Sandeep Vaheesan. We will be joined by fossil fuels and climate reporter Dharna Noor from The Guardian US to discuss private money, public good, and the original fight for control of America’s energy industry. John Farrell, co-director of the Institute for Local Self-Reliance, will provide opening remarks.
ABOUT DEMOCRACY IN POWER:
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 decarbonization. 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.
Pre-order Democracy in Power here.
