• 0x0@lemmy.zip
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    12 hours ago

    Water is essential to living.
    Electricity is mostly essential.
    Why these two utilities are privately owned is beyond me.

    • Prior_Industry@lemmy.world
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      12 hours ago

      To pay dividends to shareholders whilst you let the utility degrade to the point where the government steps in to bail you out anyway. Perfect investment.

      • T00l_shed@lemmy.world
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        8 hours ago

        I really should have started a monopoly, that is 0 risk 100% reward. I mean just take the money from the government, give myself a huge bonus, and then when there is no infrastructure upgrades done, say whoops, its too expensive, get more money from the government, rinse and repeat!