Add in another horrible example of privatization in Canada, Ontario's Hydro One power company. With every attempt of privatization of public services, I point

Add in another horrible example of privatization in Canada, Ontario's Hydro One power company. With every attempt of privatization of public services, I point out that: * Public services are sometimes just that - they won't be profitable * Privatization not only incentivizes skimping on services and deferring infra investment to save costs, but you now have the insult of a profit margin built into prices on often vital services. The "private sector efficiency" privatizations are sold on almost never end up aligning with the public interest * Undoing privatization almost always costs more than was made privatizing. Some other bad example: Chicago selling decades of parking meter collection for pennies on the dollar German Railways going private and the continual gutting of rural services that came along with it Enron's market manipulation of California electric grid, causing blackouts and skyrocketing prices while they profited