silence7@slrpnk.net to Green Energy@slrpnk.netEnglish · 1 month agoVirginia went all in on solar. Then its powerful utility changed the rules. After Dominion Energy required expensive upgrades, many solar projects were put on hold.wapo.stexternal-linkmessage-square5fedilinkarrow-up199arrow-down10
arrow-up199arrow-down1external-linkVirginia went all in on solar. Then its powerful utility changed the rules. After Dominion Energy required expensive upgrades, many solar projects were put on hold.wapo.stsilence7@slrpnk.net to Green Energy@slrpnk.netEnglish · 1 month agomessage-square5fedilink
minus-squarehenfredemars@infosec.publinkfedilinkEnglisharrow-up20·1 month agoI don’t understand why people think privatization will improve services. Literally the concept of privatization is to enable system to maximize profits. Why is there this fantasy that more profits means better service for you?
minus-squareHeartyBeast@kbin.sociallinkfedilinkarrow-up8·1 month agoIt can work where there is real competition. For natural monopolies, not so much. Usually it happens because the state wants to sell off family silver to make some short term cash :(
minus-squareSturgiesYrFase@lemmy.mllinkfedilinkarrow-up6·1 month agoBecause the trusting masses were sold the lie that the free market and trickle down economics would bring them wealth.
I don’t understand why people think privatization will improve services. Literally the concept of privatization is to enable system to maximize profits. Why is there this fantasy that more profits means better service for you?
It can work where there is real competition. For natural monopolies, not so much.
Usually it happens because the state wants to sell off family silver to make some short term cash :(
Because the trusting masses were sold the lie that the free market and trickle down economics would bring them wealth.