I finally read James Meek's article in the LRB . The article has a terrible title, and begins with the least gripping lead in journalistic history- but after this worrisome tedium, it begins to rip along nicely. The account he gives of Free Market capitalism in the power market, set loose by Thatcher's ideologues who wanted to strip away the power of the state (at one point he quotes the mastermind behind privatizing the production and selling of electricity in England saying, about another government monopoly: what the post office needs is an imaginative asset stripper) and ended up with a national grid owned almost entirely by foreign companies, among which figures France's ... state owned energy monopoly, EDF. Meek, smartly, looks beyond the image of privatisation to see how the British version became such a disaster for the customer. It turns out that the Thatcherites were disgusted with the American way of privatizing energy. In the U.S., the regulatio
“I’m so bored. I hate my life.” - Britney Spears
Das Langweilige ist interessant geworden, weil das Interessante angefangen hat langweilig zu werden. – Thomas Mann
"Never for money/always for love" - The Talking Heads