3 ms·
Privatization only works in competitive markets. Privatization of a monopoly is almost always a terrible idea. (For what it's worth, water costs have risen mu
by nostromo 10y ago
Privatization only works in competitive markets.
Privatization of a monopoly is almost always a terrible idea.
(For what it's worth, water costs have risen much faster than inflation in the US too, where it's primarily managed by local governments. http://imgur.com/a/SNstZ http://imgur.com/a/SNstZ)
- redblacktree 10y agoWell, unless you're the guy the government sells the monopoly to. Then it's a fantastic idea.