Without the private sector utility company, there wouldn't be a mechanism to rai... | Hacker News

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danans 9 months ago | parent | context | favorite | on: State regulators vote to keep utility profits high...

Without the private sector utility company, there wouldn't be a mechanism to raise funds from and pay profits to shareholders.

xboxnolifes 9 months ago [–]

Sure there would be; raise funds: tax, pay profits: reduce tax / tax breaks. The real differentiator is in the ability to choose who your shareholders are with less scrutiny.

danans 9 months ago | [–]

I tend to agree, but that's a collective decision and action problem, which we have difficulty with as a society today.

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