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What 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
by hurril 6y ago
What 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.