3 ms·
No, still not the opposite. If you only have public water systems than only public water systems can fail. Private water companies don't even make sense, as th
by zzzcpan 8y ago
No, still not the opposite. If you only have public water systems than only public water systems can fail.
Private water companies don't even make sense, as they can only exist as monopolies with the only incentive of squeezing as much profit as possible forever, pushing boundaries on water and service quality to pocket more money, lobbying for weakening of quality standards, etc. It cannot possibly be cheaper and better than fixing regional quality problems through very competitive water filtering market individually (you do know how cheap filtering systems actually are today?).
- jcranmer 8y ago> Private water companies don't even make sense, as they can only exist as monopolies with the only incentive of squeezing as much profit as possible forever, pushing boundaries on water and service quality to pocket more money, lobbying for weakening of quality standards, etc. That's not true. Public water can be just as bad as private water, as you can get turf wars and projects motivated to spend money for the sake of spending money in the public sector more easily than in the public sector. A private water company can be more efficient in sharing backoffice tasks (such as billing) or achieving an economy of scale. What really matters is not the distinction between public and private, but rather the quality and nature of the oversight.