this post was submitted on 12 Mar 2026
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[โ€“] MalReynolds@slrpnk.net 11 points 14 hours ago (1 children)

May I introduce you to the concept of 'natural monopoly'.

Basically most natural monopolies (power, phone lines, roads etc) in most places were historically run by governments (because it's bloody sensible) until the neoliberal movement in the 80s privatized them because 'private enterprise is more efficient' (at extracting tax dollars as it turned out) and to balance a few budgets.

Should definitely be ruled a failed experiment and rolled back.

[โ€“] dovahking@lemmy.world 1 points 2 hours ago

Hold on! You're telling me every common utility is run by corpos in America? I thought it was limited to only telecom.