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by mschuster91
1248 days ago
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Europe and in particular Germany or the US shows just how bad that can end up as well. When private companies seize control of utilities - water, electricity, gas, internet, railway, streets - they inevitably end up cutting corners, deferring or ignoring maintenance, firing support staff and generally reducing service quality while keeping to raise rates to make the money back for the banks that backed the loans. Or, in the worst case, prioritize the rich and privileged in case of under-supply over the poor masses, and not doing anything to expand the supply because it works well enough for those who pay better and those who end up shafted don't have seats in the lobby. That's not to say that nationalized or majority-government-owned companies can't fuck up either, France's EDF or Germany's Deutsche Bahn prove that, but at least the government there can be held accountable by the general public in elections. |
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The problems Europeans complain about are on a much higher level and can't be compared to having 2 to 4 hours blackouts every day for the majority of the year, or to having the water cut off regularly or various other examples of state failure.
> but at least the government there can be held accountable by the general public in elections.
This is tenuous at best in advanced democracies and practically non-existent in many developing countries, like South Africa.
South Africa has had rolling blackouts since around 2007, and the same government that's caused this mess is still in power.