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Free Market Does It Again
(lemmygrad.ml)
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this post was submitted on 18 Aug 2023
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GenZedong
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I know for a fact that there are many chomping at the bit to privatize the electricity infrastructure in my province, which is hilarious to me because our significant hydro electric generation capabilities are one of the only competitive advantages we have here. If anything we should be expanding our infrastructure, selling electricity to other provinces and states, and encouraging things like data centers and what not to set up shop here. Instead I would not be surprised if we end up like Alberta sometime in the next 10-20 years.
I find it amazing that people keep acting as if we don't know what will happen when private services get privatized despite the fact that we have mountains of evidence for that
I guess that just goes to show how strong the propaganda and mythology of the "free market" and liberal economics really is. I mean, literally less than a decade ago where I live they finished privatizing the telecom services, and internet/phone/TV have probably roughly doubled in price since then, if not more. Ask anyone and they will say that its worse now, yet many of those people would still support privatizing hydro or insurance or whatever. Mind boggling.
"you don't remember how bad it was when the state ran the service"