This is capitalism completely disconnected from any ethical consideration. Charging people in Texas more for energy right now is morally criminal - especially since they have none! And no, this is not “just the way things are.”
ERCOT to raise Texas energy prices, blaming high demand from winter storm khou.com/article/weather/erc… #khou #hounews

Feb 18, 2021 · 1:54 PM UTC

44
269
12
1,115
Replying to @marwilliamson
With socialism or communism everyone would just be equally cold and without power. So much better because it is free and everyone is the same... 👀
1
Replying to @marwilliamson
This is what happens with no regulation.
Replying to @marwilliamson
To complain about "capitalism disconnected from ethical consideration" is like objecting to lions eating other animals.
2
Replying to @marwilliamson
Heads on pikes. Not retweets or likes.
Replying to @marwilliamson
the algorithm of capitalism, perpetual growth obligations and shareholder value dictates this is "just the way things are"
1
Replying to @marwilliamson
Capitalism is ALWAYS disconnected from ethical considerations. Corporations have no ethics or morals.
1
11
Replying to @marwilliamson
Of course ... after you've failed miserably ... be sure to blame the federal government ... then blame the wind and solar industries ... and then finally blame the customers for not paying enough ... and raise their monthly rates.
1
Replying to @marwilliamson
how predictable!
Capitalization at its finest -- Privatize the profit and socialize the debt. Let's rescue Texas!
Replying to @marwilliamson
My daughter and I were just discussing her electric bill yesterday. How they charge more when demand goes up. It’s pure greed. They are already making more when people use more. There’s no way to justify this.
Replying to @marwilliamson
It gives them the excuse to keep the power on longer in the Rich areas. The Serfs can't afford it anyway so let them freeze.