JimmyMemes@lemmy.world to memes@lemmy.world · 3 days agoJust sayinglemmy.worldimagemessage-square248linkfedilinkarrow-up11.46Karrow-down125cross-posted to: leftymemes@lemmy.dbzer0.com
arrow-up11.43Karrow-down1imageJust sayinglemmy.worldJimmyMemes@lemmy.world to memes@lemmy.world · 3 days agomessage-square248linkfedilinkcross-posted to: leftymemes@lemmy.dbzer0.com
minus-squaredeHaga@feddit.uklinkfedilinkarrow-up2arrow-down1·3 days agoOpportunity cost. If you spend money on one thing, it means you can’t spend it on something else
minus-squareayyy@sh.itjust.workslinkfedilinkarrow-up2·3 days agoOf course. So providing profits to utility “owners” is money stolen from the people that could be more productively used literally anywhere else.
minus-squaredeHaga@feddit.uklinkfedilinkarrow-up2arrow-down1·edit-22 days agoThe profits are in return for investment that the government couldn’t otherwise do. What’s the alternative? Also, the private company employs people, they pay income tax.
What opportunity?
Opportunity cost. If you spend money on one thing, it means you can’t spend it on something else
Of course. So providing profits to utility “owners” is money stolen from the people that could be more productively used literally anywhere else.
The profits are in return for investment that the government couldn’t otherwise do. What’s the alternative?
Also, the private company employs people, they pay income tax.