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LPE Originals

The Tax Struggle and Renewable Power

As the Trump administration moves to roll back clean energy tax credits, the real question isn’t whether renewable energy will survive, but who will own and control the infrastructure that powers America’s future.

LPE Originals

Yardsticking It to the Man, Then and Now

In Democracy in Power, Sandeep Vaheesan argues that New Deal rural electrification efforts can serve as a model for public power in today’s energy system. There are, however, important differences between the political economy of rural electrification and that of today’s climate crisis. Understanding these distinctions can help us be clear-eyed about the political hurdles facing modern public power movements.

LPE Originals

Why Public Ownership?

Calls for public ownership often highlight the downsides of private ownership: how capitalist firms prioritize profit over providing quality services at fair prices. But what, specifically, do we value in its public counterpart? While Sandeep Vaheesan defends public ownership in the power sector primarily on democratic grounds, the left should emphasize its potential to address key obstacles to rapid decarbonization.

LPE Originals

Democratic Abundance

What can the history of publicly-governed electrical utilities in the twentieth century teach us about today’s struggle for an accountable power sector? Sandeep Vaheesan kicks of a symposium on his new book, Democracy in Power, by tracing the history of electrification during the New Deal and offering a blueprint for a publicly-led path to decarbonization.

LPE Originals

On Tariffs and the Ends of International Economic Law

For decades, the rules of international trade helped cement U.S. firms at the top of global value chains. Should Trump’s unapologetic embrace of tariffs be understood as part of a broader loss of faith in those rules among American policymakers? Or is it something else entirely — a bid to remake the relationship between capital and political power within the United States itself?

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Did More Competition Make Meatpacking Fairer?

According to a common antimonopoly narrative, prior to the merger wave of the 1980s, antitrust enforcement kept the meatpacking industry competitive and relatively decentralized — a situation that enhanced farmers’ autonomy and bargaining power. Yet a closer look at the historical record reveals that this fierce midcentury competition also undermined the unionized labor force and New-Deal regulatory regimes that previously dispersed power. Correcting this narrative should encourage antimonopolists not to become too starry-eyed about “competition” as a market regulator.

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Is Anyone Afraid of Breaking The Price-Fixing Laws Anymore?

The DOJ’s price-fixing suit against RealPage, which has uncovered brazen collusion among competing landlords across the United States, is a welcome departure from decades of hands-off antitrust enforcement. Yet with prices going up in industry after industry, and so few price-fixing cases brought in recent years, it appears many businesses have determined that the risk of collusion is worth the reward.

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How Should Democrats Respond to the “Migrant Crisis”?

In the wake of their recent defeat, Democrats’ natural tendency will be to concede the issue of immigration to Republicans and embrace cruelty-lite versions of their opponents’ positions — a strategy that is bound to fail. Instead, Democrats need to offer their own agenda for immigration and internal migration. To do so, they should look to institutional experiments from a forgotten past.

LPE Originals

The Political Economy of the Urban-Rural Divide

Though the urban-rural divide can sometimes appear like a primordial fault line in American political life, it is a relatively recent development. The Democratic Party’s collapse in the countryside was the predictable consequence of decisions to prioritize certain constituencies to the neglect of others, as it championed the shift to the metropolitan knowledge economy.

LPE Originals

Have You Heard the Good News About Consumer Protection?

Recent years have witnessed a sea change in consumer protection, ushered in by a new generation of enforcers who reject many of the basic premises from the neoliberal era. They aim not merely to ensure that consumers have the information necessary to discipline firms through choice, but to prevent businesses from using their power to shape markets in ways that take advantage of consumers.