Thinkers in both “camps” have not only challenged the underlying idea of the split but created theory that unified both liberal and socialist principles.
Samantha Hancox-Li and guest Ryan C. Smith, author and economic historian, discuss the possibility of publicly-owned electric utilities in America. Smith argues that there is a strong case for public power. Electricity distribution is a "natural monopoly," and existing private companies—like Pacific Gas and Electric—are often inefficient and incompetent. Meanwhile, Nebraska and other states already include some publicly-owned power companies, which provide affordable and reliable electricity. Is it time to switch to a new model of power?
Ryan C. Smith is an economic historian, author of, "The Real Oil Shock" and is writing "The Emerging Energy Revolution", a book on how renewable energy is the biggest invention since steam power.
Thinkers in both “camps” have not only challenged the underlying idea of the split but created theory that unified both liberal and socialist principles.
