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For-Profit DemocracyWhy the Government Is Losing the Trust of Rural America$
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Loka Ashwood

Print publication date: 2018

Print ISBN-13: 9780300215359

Published to Yale Scholarship Online: May 2019

DOI: 10.12987/yale/9780300215359.001.0001

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For-Profit Democracy

For-Profit Democracy

(p.15) Two For-Profit Democracy
For-Profit Democracy

Loka Ashwood

Yale University Press

This chapter discusses for-profit democracy, in which the utilitarian rule of the most people and the greatest profit defines the government's purpose. It focuses on nuclear power as an outcome of for-profit democracy. Regulators merged energy as a necessary good with its status as necessity for profit. Without the private production of energy, people could scarcely live, nor could the nation maintain its economic productivity, so the logic goes. By virtue of such thinking, nuclear dominates any counterargument about risks or property costs, as does any other privately owned energy utility keeping the lights on. The United States has the most privatized nuclear power production regime in the world; the Tennessee Valley Authority constitutes the sole federally owned and operated nuclear power generating entity.

Keywords:   for-profit democracy, nuclear energy, nuclear power production, privatization, energy utility

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