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Economists would say that the money coming in outweighs the higher costs and therefore you could redistribute that money and everyone comes out ahead. Whether
by ZeroGravitas 6mo ago
Economists would say that the money coming in outweighs the higher costs and therefore you could redistribute that money and everyone comes out ahead.
Whether that happens in real life is a different question.
- joe_mamba 6mo ago>Economists would say that the money coming in Does that money go directly into my pocket so I can afford the more expensive energy? Or does it go into the pocket of private energy companies? Because I feel like there's some faults with this "free market", which is mostly just socializing losses and privatizing profits.
- HPsquared 6mo agoAnd what if the energy companies are owned by foreign investors?
- joe_mamba 6mo agoThat would be economic colonialism with extra steps. But for the end user, whether you're being ripped off by a local or a foreign energy oligarch, it doesn't really matter, people just want to pay less.