this post was submitted on 10 Aug 2024
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A brief history of regulation...
A brief history of self-regulation...
Maybe: poor people self-regulating > governments regulating > corporations self-regulating > rich people self-regulating?
Houstonian here, and developers will do that regardless of the presence or absence of zoning laws. Its just a cheaper way of mass producing suburban real estate.
Originally came out of a period of wholly unregulated alcohol production, resulting in enormous social harm both through direct consumption (moonshine poisoning people, quack medics distributing alcohol as a panacea, alcoholism ruining lives) and knock-on effects (domestic violence, workplace injuries, automotive fatalities). The post-21st amendment wasn't a return to laisse-faire alcohol production, but of strict regulatory enforcement of production, distribution, and consumption under a litany of state laws.
Energy is a utility and should have always been in the domain of the public sector, both because it is essential for domestic commerce and vital for national security. The biggest subsidies that fossil fuel companies receive come from the MIC, which is the largest single consumer of fuel and also the means by which the country secures access to oil fields.
And under state leadership, we've seen a consistent and reliable pivot to nuclear power as the preferred method of energy production. The US, France, and the UK were all heavily invested in emerging nuclear technologies during the 60s, 70s, and 80s, as they sought to compete with the Eastern Block, India, and China. The fall of the USSR, the pivot to full privatization of the energy sector under Reagan and Clinton, and the ascendancy of US-friendly Middle Eastern dictatorships in the global financial system are what continue to force our reliance on fossil fuels.
Had we continued to treat energy as a utility rather than a profit center, we'd have kept a great deal of fossil fuel in the ground and pivoted to full nuclear electrification 40 years ago.
Graham Leech Biley created the conditions for financial collapse, not the post-collapse short-term takeover of the banks. The biggest mistake Obama made was de-nationalization. A better president would have extended the bailouts directly to homeowners and permanently nationalized the home mortgage system.