3 ms·
You need competition to create a market. You cannot have competition on a natural monopoly. You can create the simulacrum of a market (that was the EU and UK ap
by kome 3y ago
You need competition to create a market. You cannot have competition on a natural monopoly. You can create the simulacrum of a market (that was the EU and UK approach), but you cannot create a real market.
It's better to keep water, streets and telecommunications public. Privatizing them is a waste of resources.