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  1. Sean R. Lynch ☑️ (seanl@social.literati.org)'s status on Tuesday, 24-Apr-2018 15:49:24 EDT Sean R. Lynch ☑️ Sean R. Lynch ☑️

    @Laurelai @upshotknothole @clacke Because when they "privatize" a utility it's by handing a preexisting (regional) monopoly over to a private company. Since it's a monopoly, they regulate rates, which means the company does other stuff like underinvesting in infrastructure and shutting off people's heat.

    Taking a government monopoly and turning it into a quasi-private monopoly would be more properly called "dodging accountability" than "privatization".

    In conversation Tuesday, 24-Apr-2018 15:49:24 EDT from social.literati.org permalink
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