> Is it "fair" to profiteer because you're the only provider of something people need? Generally No it shouldn't be socialised. If it isn't a monopoly of effic

> Is it "fair" to profiteer because you're the only provider of something people need? Generally No it shouldn't be socialised. If it isn't a monopoly of efficiency another company should be able to provide a product/service at a lower price. All you are doing it indirectly passing on the cost to the tax payer by subsidising it. Obviously there are some exceptions to this depending on things like politics of a region (where a resource/service can be monopolised) e.g. rural areas. That is where a cooperative run by the local community might be better.