642 karma · joined December 19, 2012
"The CPUC meets publicly[15] to carry out the business of the agency, which may include the adoption of utility rate changes, rules on safety and service standards, implementation of conservation programs, investigation into unlawful or anticompetitive practices by regulated utilities and intervention into federal proceedings which affect California ratepayers."[0]
It is also their mission to assure access to reliable utility services.
"The CPUC regulates services and utilities, protects consumers, safeguards the environment, and assures Californians’ access to safe and reliable utility infrastructure and services."[1]
However, the CPUC does not regulate governmental utilities.
"The CPUC does not regulate the rates of utilities and common carriers operated by government agencies."[0]
I would prefer that my county was responsible for utilities as they are much more responsive to local demands and its much easier for me to justify rate increases for safety improvements.
[0] CPUC Wikipedia
[1] CPUC Mission Statement
That specific point was about the importance of using your political power to act as a group in a way that will actually affect the world, rather than solely appeasing your conscience/principles.
It certainly would have been better if we could have gotten US policy on Nazi Germany to change much earlier than it did. It would have solved the coordination problem--for US companies, anyway. This would have required direct political action.
> Harry Truman, was quoted in the pages of New York Times in June 1941 as saying, “If we see that Germany is winning the war, we ought to help Russia; and if that Russia is winning, we ought to help Germany, and in that way let them kill as many as possible …”
Should we keep religion out of politics? Should we keep politics out of work? I doubt there are any clear answers.
I can only reason that it depends on whether the founder still has voting control of the company, but that's implied with "greenlighting".
WeWork is a similar situation where the founder is effectively getting a carve-out to greenlight the deal. That's only one example, though.
Regardless of the philosophy, what do you think of the legal basis?
[0]: https://content.next.westlaw.com/6-508-0673?transitionType=D...