• SneakyThunder
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    1 year ago

    services centralized in the hands of the government end up costing less because they have a monopoly

    Where I live privately owned utility companies provide much cheaper services than govt. Also govt is very bad at providing them consistently (if people outside of big city lose electricity for example, they have to go and block nearest highway, otherwise govt just ignores their complaints)

    I guess monopoly might be beneficial for some period of time but ultimately it’s bad, both in private and public sector.