The regulated electric and gas monopolies have very loyal unionized employees 
that represent the companies before the commissions, legislatures and 
environmental and consumer activists.


On May 16, 2013, at 7:56 PM, Max Sawicky wrote:

> Really? Exploded it with data? I always thought workers in big monopolized 
> industries got paid much better than average. The U.S. archetype was the auto 
> workers.
> 
> 
> On Thu, May 16, 2013 at 9:35 PM, Carrol Cox <[email protected]> wrote:
> Max Sawicky
> 
> > And the existence of monopoly rents is crucial in
> > a number of other ways -- the ability to buy off workers
> 
> A few years ago in an article in Historical Materialism Charles Post pretty
> much exploded this concept. There is no evidence for it in any of its many
> forms.
> 
> Carrol
> 
> 
> 
> 
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