• 06 Monopoly electric service

  • Feb 28 2024
  • Length: 13 mins
  • Podcast

06 Monopoly electric service

  • Summary

  • Most electric utility companies are set up as monopolies, privately-owned, for-profit corporations. All these are, I believe, harmful for customers of the electric companies. Monopolies are known harmful entities due to runaway greed, power, and inefficiency. For profit corporations are known not to be optimal for basic and needed services, especially for the majority, the poor and low-income classes. And, the electric company is incentivized to be inefficient. Music: On point - by House of Pain, Tommy Boy Records 1994.

    Hector Vladimir 2024©

    Patreon page: www.patreon.com/hectorvladimir

    Substack page: https://hectorvladimir.substack.com/

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