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How does it matter whether it was developed publicly, or privately? Deregulation in the late 90s led to the Enron scandal, so I think there are clear reasons wh
by edmundsauto 6y ago
How does it matter whether it was developed publicly, or privately? Deregulation in the late 90s led to the Enron scandal, so I think there are clear reasons why not to be privately owned.
- chrisco255 6y agoRight, and government officials were in charge of the Flint Water crisis. And government officials have abused the 4th amendment vis-a-vis the Patriot act. And governments have lied about WMDs to spend trillions on war. I guess the only difference between the private and public sector is that when a private company fucks up and gets caught, people actually lose money and go to jail.
- edmundsauto 6y agoI don't concede that private companies are more accountable. My point wasn't that governments are great at running utilities, merely that "turn it over to the private markets" is not the solution that many people seem to think.