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Public utilities are Public Utilities. Quasi monopolies treated differently and operated outside of 'supply and demand' capitalism. https://en.wikipedia.org/wi
by _DeadFred_ 1y ago
Public utilities are Public Utilities. Quasi monopolies treated differently and operated outside of 'supply and demand' capitalism.
https://en.wikipedia.org/wiki/Public_utility https://en.wikipedia.org/wiki/Public_utility
- golergka 1y agoPrescriptive vs descriptive. I see absolutely no reason why public utilities shouldn’t operate on exactly the same principles, and I see plenty from real world examples on why they actually should.
- bigbuppo 1y agoTexas? Spain?
- anticensor 1y agoBecause it would be severely inefficient if operated that way.