Comment Re:As a Massachusetts Resident (Score 1) 731
You don't see the problems inherent with one private entity owning an essential infrasructure like the water supply? Give me a break. This blind libertarian ideology nonsense has gone too far.
Given that the free market, especially in utilities service, inherently results in consolidation - one business buys another out, profits more as a result, and a whole market eventually comes under its sway - and that the cost barrier to entry into the water distribution market is obviously absurbdly high, what's to keep the controller of the water supply from charging whatever it wants? What are you going to do if you don't want to, or can't, pay your local monopoly? Collect rainwater? And what if you live in a rural or destitute region, where the ROI isn't going to be enough for a corporation to justify providing you service?
Privatisation is a hell of a way to push a community into the third world, while reaping a profit, that is.
Given that the free market, especially in utilities service, inherently results in consolidation - one business buys another out, profits more as a result, and a whole market eventually comes under its sway - and that the cost barrier to entry into the water distribution market is obviously absurbdly high, what's to keep the controller of the water supply from charging whatever it wants? What are you going to do if you don't want to, or can't, pay your local monopoly? Collect rainwater? And what if you live in a rural or destitute region, where the ROI isn't going to be enough for a corporation to justify providing you service?
Privatisation is a hell of a way to push a community into the third world, while reaping a profit, that is.
