• deHaga@feddit.uk
      link
      fedilink
      arrow-up
      2
      ·
      20 hours ago

      Opportunity cost. If you spend money on one thing, it means you can’t spend it on something else

      • ayyy@sh.itjust.works
        link
        fedilink
        arrow-up
        2
        ·
        18 hours ago

        Of course. So providing profits to utility “owners” is money stolen from the people that could be more productively used literally anywhere else.

        • deHaga@feddit.uk
          link
          fedilink
          arrow-up
          2
          ·
          edit-2
          5 hours ago

          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.