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Capitalism collared by well-reasoned regulation is an extremely powerful combination, but that's not what we have. Utility markets have a built-in safety net fo
by idiotsecant 4y ago
Capitalism collared by well-reasoned regulation is an extremely powerful combination, but that's not what we have. Utility markets have a built-in safety net for the parties involved that dampens the good parts of capitalism (efficient, innovative services at the lowest possible cost) tremendously. I have a lot of experience in the public & private (really pseudo-public) utility world and a lot of experience out in private industry it's a huge difference.