Private companies should not own public utilities. No one should make a profit on things a community needs in order to thrive. Our forty year orgy of privatization must give way to an appropriate balance between individual economic interests and a concern for the common good.
More Perfect Union
 @MorePerfectUS
12 Dec 2023
Pennsylvania passed a law incentivizing private companies to buy publicly-owned water systems. Now residents are seeing their water bills skyrocket. One local official put it bluntly during a hearing today: "People should see privatization for what it really is — a scam."

Dec 12, 2023 · 5:09 PM UTC

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Replying to @marwilliamson
Can you give us an example of a situation where the common good should ever be sacrificed for individual economic interests?
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No
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Replying to @marwilliamson
"No one should make a profit on things a community needs in order to thrive." Like food?
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Good point! I should have said “at the expense of” things…
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Replying to @marwilliamson
This happened because democrats/socialists (like you) did not ensure the proper safeguards were in place when making this law. But I bet plenty of them got rich off of this?
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Replying to @marwilliamson
We use a privately owned Power company here in GA. It's the cheapest to use in the state...WHY? Because Republicans here ensured safeguards are in place.
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Replying to @marwilliamson
100% agree with you. The Government should own all public Utilities as Hydro, all energy and big food processing. If someone says that is communism I say that the "Government is by the people for the people of the people" which then means that the people own those Utilities
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Replying to @marwilliamson
It’s always interesting to see politicians rationalize as unexpected a 100% expected outcome.
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Replying to @marwilliamson
All infrastructure, such as common utilities, are for the public good, and so gov't should own and manage these essential resources. The USA road to deregulation was paved by Jimmy Carter, who, in thrall to airhead economist Alfred E. Kahn (ishinobu.com/6s27-23/), deregulated airlines. The result was beyond Kahn's imagination: oligopolization, higher prices, and a race to the bottom for lousy customer service.
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Replying to @marwilliamson
So many industries have been captured...a lot of opportunity for disruption. Like energy...are there other ways/technologies out there that can be promoted to disrupt these captured industries? Solar panels, batteries, hydro panels??? Increase competition and remove barriers for new tech to fill the gaps.
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