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The issue isn't public vs private, it's the combination of a profit motive + inelastic consumer demand + lack of alternatives. It would make sense to run electr
by 0_____0 6y ago
The issue isn't public vs private, it's the combination of a profit motive + inelastic consumer demand + lack of alternatives. It would make sense to run electricity as a public enterprise, to run it as a deeply regulated private one, or run some kind of mix - public ownership of distribution, private ownership of generation.