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Who foots the bill with non-private companies? If anything, _that_ is what's ignored.
by hurril 6y ago
Who foots the bill with non-private companies? If anything, _that_ is what's ignored.
- croon 6y agoThe same people, without losing the profits.
- jonplackett 6y agoExactly!
- hurril 6y agoWhat do you mean by "without losing the profits"? A tax-funded electric firm would surely not share its profits with anyone, and even if it did it would still be at a net loss to the tax payers. (Since _all_ the funding would come from the tax bill - so its entire turnover is socialised.) A private firm would actually contribute _more_ to our common because it would be a net tax payer.
- croon 6y agoThe profits in this case is any value that goes into infrastructure instead of investor pockets. Yes, it would not be a net tax payer (on paper), but it would be less of a community drain, and not siphon money out of the common.