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1. Sean R. Lynch ☑️ (seanl@social.literati.org)'s status on Tuesday, 24-Apr-2018 19:49:24 UTC Sean R. Lynch ☑️

   • Hallå Kitteh
   • Laurelai Bailey
   • upshotknothole

   @Laurelai @upshotknothole @clacke Because when they "privatize" a utility it's by handing a preexisting (regional) monopoly over to a private company. Since it's a monopoly, they regulate rates, which means the company does other stuff like underinvesting in infrastructure and shutting off people's heat.

   Taking a government monopoly and turning it into a quasi-private monopoly would be more properly called "dodging accountability" than "privatization".

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   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 24-Apr-2018 19:53:16 UTC Hallå Kitteh

     • Laurelai Bailey
     • upshotknothole
     @upshotknothole @laurelai @seanl Privatize profit, socialize cost. It's a great game if you can get in on it.