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LPE Originals

Predistribution and the Law and Economics of Income Inequality

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Law and Economics scholars argue that if income redistribution is to happen at all, it should occur exclusively through the tax system, rather than through supposedly less efficient methods, such as the minimum wage, collective bargaining, or housing regulation. Yet even by their own lights, these arguments fail: in many cases, predistributive policies are actually more efficient than the tax and transfer system. More fundamentally, to address economic inequality, we must move beyond narrow issues of distribution and transform the mode of production itself.
LPE Originals

The Neoliberal Foundation of the Authoritarian Turn in Higher Education

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Recent authoritarian attacks on higher education mark a significant shift from the neoliberal era, which celebrated institutional independence from the state, the role of education in boosting worker productivity, and the value of research in driving profitable innovation. However, there are key continuities between the two periods. The neoliberal era laid the groundwork for today’s authoritarian turn by making public institutions increasingly reliant on federal funding, dismantling independent state planning boards, and deepening inequality within the higher education system.
LPE Originals

The Same Script: Value-Based Payment, Managed Care, and Neoliberalism

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Though heralded as a policy innovation, value-based payment has not succeeded in lowering costs and has instead fueled corporate consolidation, as many physicians are ill-equipped to assume the financial risk that the payment model requires. Embodying the core tenets of neoliberalism, VBP is ultimately a failure of policymakers to equitably and efficiently administer a public health care program.
LPE Originals

Beyond The Ballot: Building The Movement Democrats Won’t

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The MAGA movement has preyed on the economic decay and social malaise plaguing America’s neighborhoods, offering a suite of real and imagined villains to drive Trump’s ascension. The left must get back to basics, rebuilding the trust lost by the Democratic Party through genuine community building and connection across difference.
LPE Originals

A Dialysis Duopoly: How Public Funding Entrenched Private Power

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For the half-million people in the U.S. with kidney failure, survival rests in the hands of two powerful corporations — DaVita and Fresenius — that control over 70% of the outpatient dialysis market. But the history of dialysis isn’t a simple narrative of corporate consolidation; it’s a case study of how public funding can entrench private power in health care.
LPE Originals

Consolidating Care: A Symposium on Medicine and Market Power

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From the dialysis market to the pharmaceutical industry, health care is seeing growing consolidation and corporatization. Over the next month, this symposium will explore the financialization of various health care industries and begin to sketch the contours of a progressive pushback—how law, policy, and regulatory action can help erect guardrails to protect us from both illness and insolvency.
LPE Originals

The Tax Struggle and Renewable Power

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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

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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?

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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

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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

A Dignity-Based Approach to Debt

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One in three Americans has a debt that has been handed over to a collection agency. Lawmakers continue to throw credit at the problem and punish borrowers when they struggle to repay. To escape this cycle, we need an approach to debt relief based on the principle of human dignity, a foundational concept in human rights law.
LPE Originals

The Whole Equation: Can “Neoliberalism” Explain Everything?

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In The Quiet Coup, Mehrsa Baradaran takes the conversation about neoliberalism beyond the realm of economics, focusing instead on legal revolutions, the conservative reaction to the Civil Rights Movement, the legacy of decolonization, and the alliance between libertarians and the Christian Right.
LPE Originals

The Political Economy of the Urban-Rural Divide

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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.