this post was submitted on 18 Feb 2026
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My area privatized the publicly owned electricity provider and since prices started going up they then had to implement rebates to bring bills down a bit. Effectively a roundabout way to move public funds from paying for the actual infrastructure into subsidizing corporate profits instead
Exactly. Privatize the profits and socialize the costs. What a brilliant system. Unfortunately it benefits only a small handful while everyone else picks up the tab.
How's Venezuela's infrastructure after two decades of socialism?
Ah, whataboutism. How cunning. I'm done with you.
It's called evidence lol