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Comment by baggy_trough

6 months ago

It's good for all things, except highly regulated monopolies like electricity, trash, and water.

> trash

I have to pay for trash removal in my town and I have a variety of choices. And while I pay the town for water, many people have wells. And I have my own septic system. So, while electricity is mostly regulated, many other utilities are on a house by house basis.

> It's good for all things, except ...

Humans and absolutes tend to be a pretty bad combo.

It is my experience that no system is good for all things. While some systems trend better than others, they are only good until they are not - and there will always be a 'not'.

Similarly, every 'not' is different. When we get there we're wise to consider it with experience + evidence and a willingness to do what those indicate.

You would prefer the price of electricity be held constant until the day the monopoly rage quits? That day, no one can get power for any price.

  • I would prefer an knowledgeable, effective and non-corrupted PSC regulate the utility in a manner that keeps the utility viable, so it can serve customers first and shareholders last.

  • The day the monopoly rage quits, use the government's goon squads to take over the infrastructure.