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Maybe counterintuitive privatisation of infrastructure often leads to inefficiencies in resource consumption. E.g instead of a single phone line for a house, mu
by amai 3y ago
Maybe counterintuitive privatisation of infrastructure often leads to inefficiencies in resource consumption. E.g instead of a single phone line for a house, multiple private provider will built multiple phone lines. Instead of a single cell phone tower every provider will build its own one. Instead of a single delivery car on the street there will be several (and are sometimes blocking each other). I believe a well managed monopoly is often more resource efficient and cheaper, because it doesn’t need to pay for all that redundant infrastructure.