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    Final Round Player 😷🇪🇺🍸 (jbond@mastodon.social)'s status on Wednesday, 01-Nov-2023 17:38:39 JSTFinal Round Player 😷🇪🇺🍸Final Round Player 😷🇪🇺🍸
    in reply to
    • Emeritus Prof Christopher May
    • Russ Cheshire

    @ChrisMayLA6 @RussCheshire

    Every single privatisation:

    Turn a natural monopoly into an artificial market. Quick win incentives to first investors. Fail to regulate or control the artificial market. Instead of investing in infrastructure, the private companies sell out to foreign investors, who borrow debt to give to execs and shareholders. Then want the customers to pay for the infrastructure upgrades. Gov props up failure. Worse, expensive service for more gov cost.

    It's a long con.

    In conversationWednesday, 01-Nov-2023 17:38:39 JST from mastodon.socialpermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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