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>You can’t socialize losses and privatize gains. Companies do this all the time though. For example, here in Louisiana the utility companies do this. After a
by edm0nd 1y ago
>You can’t socialize losses and privatize gains.
Companies do this all the time though.
For example, here in Louisiana the utility companies do this. After a major hurricane, Entergy will fix and upgrade tons of infrastructure and then get to tack on a +$15.00/m on to your utility bill for the next 5 to 10 years to recoup the costs all while they are making millions in profits each year.
Why pay for it themselves when they can just force the public to do it.