You can vote out elected officials, it forces transparency, and also has the bonus of a government multiplier[1], you can't do that with the C-levels of PG&E an

You can vote out elected officials, it forces transparency, and also has the bonus of a government multiplier[1], you can't do that with the C-levels of PG&E and a private company. Additionally, and I think this is non-debatable in the USA (though I'm up for debate, and to be wrong), C-levels have their primary and sole obligation to shareholders. When push comes to shove, and tough decisions need to be made, in the USA it is always in the interest of shareholders unless mandated by the government. Sometimes better businesses push for that mandate, so they can remain competitive and not be flaming piles of shit unable to compete... [2]. PG&E executives, right now, can use this (shareholder returns) as disguise for moral ineptitude in their social circles allowing them to escape ridicule as monsters. No amount of competition will fix these problems and incentivize the correct behaviour for a _utility_ as long as they're obligated to return dividends before moral decency. [1] https://en.wikipedia.org/wiki/Fiscal_multiplier#United_States_of_America https://en.wikipedia.org/wiki/Fiscal_multiplier#United_State... [2] This is also a vector for abuse by monopolies and oligopolies; where, they lobby for regulation which creates a barrier to entry (in the market) insurmountable to new organizations and institutions.