It does not get any simpler to understand than this. All one needs is to want to learn.
The Privatisation Con ripped apart by a University Graduate. pic.twitter.com/O7c4OZM7Dd— BladeoftheSun (@BladeoftheS) January 22, 2024
In a clear textual narrative:
- Profit Motive: Private companies aim to generate profits for their shareholders. In a privatised energy sector, companies may prioritise profit over consumer affordability, leading to higher prices.
- Market Monopoly: If a few large companies dominate the market, they may have significant pricing power. Lack of competition can result in higher prices for consumers.
- Infrastructure Investment Costs: Private companies may need to recover their investment costs in upgrading or maintaining energy infrastructure. These costs could be passed on to consumers through higher energy prices.
- Regulatory Environment: The regulatory framework in place can influence how much control the government has over pricing and market behaviour. In some cases, regulatory decisions may favor companies at the expense of consumers.
- Market Volatility: In a privatised market, energy prices are influenced by global market forces, geopolitical events, and commodity prices. This volatility can contribute to fluctuations in fuel bills.
It is not hard to understand why public ownership is so much more attractive to the consumer, but it is a matter of disgust to the parasites.
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