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View Diary: We Must Separate Public Goods from the Profit Motive (86 comments)

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  •  Let the public hire the private workers (1+ / 0-)
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    to create things for the public good, with the understanding that once the work is done, it will not be run for profit, and with the understanding that we will not let any private company make an excessive profit on the public dime.

    Frankly, I think we should nationalize all utilities (water, gas, electricity, internet access), all education through graduate school, all health care (single payer), and many of the other public goods mentioned in this thread. We can employ private contractors to build them, but not to operate them.

    In California, until the stupid deregulation of electricity, the electric company was allowed to make 10 percent profit over their costs by law. That's a decent profit. It wasn't until Enron came in and started mucking with the way things had worked, and worked well, for the past fifty years that we started seeing brownouts, blackouts, rolling blackouts, and summertime bills that were in the $400 range instead of the $100 range.

    We need to re-regulate and nationalize/make public again all these things that have been discussed in this thread.

    Science can tell you how to clone a dinosaur. Humanities explains why this is a bad idea.

    by Killer of Sacred Cows on Sun Jul 01, 2012 at 10:17:32 AM PDT

    [ Parent ]

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