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Except this specific thread is all about how the municipal system is failing because either the populace won't vote for investment or higher political bodies bl
by cmdkeen 11y ago
Except this specific thread is all about how the municipal system is failing because either the populace won't vote for investment or higher political bodies block it.
In that case privatisation can work because it removes short term political incentives from the equation. Corporate structures enable investment and charging what is needed - plus things like water conservation ironically are often pursued more by those with financial stake in the game.
A private water utility can be sued into oblivion or killed by regulators over lead issues - yet a public system gets some soul searching articles that still mostly manage to blame capitalists while ignoring the failures of regulators. "Better regulation" is hard to achieve, but America in many ways seems to be truly shocking in how poorly regulated many areas are.
- tamana 11y agoThere is no chance that government can just hand over a hard problem to a private entity, and then make the private entity accountable for screwing it up. What private company would take that deal, and how would you draw blood from the stone when they screw up?