Ask Prof Wolff: Profiteering Electric Companies

A patron of Economic Update asks: "I would like to hear your view of community owned coops with regards to utilities. I ask this because I am at the other end of the state proximal to Niagara Falls one of the largest hydropower sources on earth. Our electricity is provided by National Grid an investor owned consortium based in Spain, yet have some of the highest electric bills in the U.S. and no high speed internet.. Point of information National Grid also operates the power in England no thanks to Mrs. Thatcher."

This is Professor Richard Wolff's video response.

Ask Prof Wolff is a @Democracy At Work  production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible.

Submit your own question to be considered for a video response by Prof. Wolff on Patreon: https://www.patreon.com/economicupdate/community.


Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself," available now at www.democracyatwork.info/books

“A magnificent source of hope and insight.”
Yanis Varoufakis
Greek economist, academic, philosopher, politician, author of Talking to my daughter about the economy


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