1min chapter

New Economics Podcast cover image

How we win a new economy - the end of neoliberalism?

New Economics Podcast

CHAPTER

The Energy Sector Will Be Taken Into Public Ownership, but That Will Not Challenge Corporate Power

Both candidates are, as you say, kind of invoking the ghost of Thatcher. And I suspect that it will be done in a way that very much doesn't challenge the power of energy companies. That's not to say that it might not benefit households and small businesses as well. It might. But with the money that they spend, they could do something altogether different and much more progressive - but that would require taking on corporate power invested interests, etc.And that's not something that I expect to see. No, I mean, neither.

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