Progressive Alternatives To Re-Regulation

William Dugger

Journal of Economic Issues, 2010, vol. 44, issue 2, 441-448

Abstract: Corporations that can either overcome or repeal the regulations that control them should be replaced, not re-regulated. Their replacements should include municipally-owned and electric-powered mass transit systems and worker-owned cooperatives producing the needed equipment and rolling stock. We also need depositor-owned mutual banks and a democratically-controlled development bank. We need a Treasury that holds the Fed democratically accountable for interest rates and foreign exchange rates. We need a network of municipally-owned utilities connected by a power grid owned and operated by the Federal government. These are just some of the progressive alternatives to re-regulation.

Date: 2010
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DOI: 10.2753/JEI0021-3624440216

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