> costs hidden somewhere It's much more perverse than just hidden and externalized costs. These disasters are extracting billions in additional profits from w

> costs hidden somewhere It's much more perverse than just hidden and externalized costs. These disasters are extracting billions in additional profits from workers to the 0.1%. Why wasn't the Texas grid more resilient to cold weather? Because it was more profitable not to weatherproof the system, and then the inevitable grid failure was extraordinarily profitable to the tune of billions of dollars for the owners of energy corporations, at the expense of rate payers and tax payers. Logistics companies are raking in billions of excess profits due to the shortages of essential products that they themselves caused by not investing in a more resilient supply chain. Did Texas energy companies intentionally keep the grid vulnerable so they could profit? Did logistics companies intentionally break supply chains to benefit themselves? It doesn't have to be intentional, it's the natural mechanics of an oligopolistic market system. When we allow market participants to profit more by running at 100% of capacity than by building in resiliency, and then allow them to profit spectacularly when that lack of resiliency inevitably cascades into catastrophe, then that's exactly what they're going to do.