Quote:
Originally Posted by Eric
C'mon is right on this one ... there are certain industries which should be publicly owned, either directly by the govt., or, through Crown Corporations. The two that come immediately to mind are power generation and supply, and rail transportation. Both tend to become monopolies, or at least end up in the hands of a limited number of companies, which then manipulate prices in order to maximize profits ... the gas, as in "petrol", companies are a prime example. They do not compete on the basis of price, even tho', in a capitalist model, this is what is supposed to happen. Major corporations abhor competition; it prevents them from screwing the consumer up the ass.
Here's a good example of a govt. controlled power company that works:
SaskPower - Wikipedia, the free encyclopedia |
The energy companies were de-regulated so that there would be more competition.
This hasn't happened. All that has happened is that the big six energy firms are running what amounts to a cartel.
Wholesale gas prices have fallen, but yet the CEO's of these robbers are trying to tell us otherwise...and how can it cost more to pipe the supplies into out homes today than it did yesterday...it is the same gas, the same pipes.
Operating a cartel is
illegal and that is what the government should be getting to grips with.
The energy companies have not been forthcoming about where the money they are taking from customers is going...and the CEO of OVO says they have hidden their dosh so well that the government will have a hard job finding it...says a lot doesn't it?
Some of our energy firms are in the hands of foreign owners......do you think they would be happy to hand these businesses back...and at what cost??
How would the re-nationalization be funded? By the tax payer? Whichever way it is done it is going to cost you and me...the little people in this equation, lots of money