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| ▲ | therealdrag0 14 days ago | parent | next [-] |
| If you’ve never seen competition lower prices you’re not paying attention. |
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| ▲ | robocat 13 days ago | parent [-] | | I've you've never been on the pointy end of pricy service monopolies you're not paying attention. Competition works best for commodities. How is your electricity bill looking? And electricity is a fabulously strong example of a commodity. Have you noticed petrol prices are not that competitive even though petrol is a commodity? 3/4 of my leccy bill is a distribution cost: I think it is a fixed cost that any electricity supplier I choose oncharges. I can choose different suppliers that will make a small difference to the other variable kWh by time charges but it's not real competition. I could buy solar and batteries - but the initial investment and payback period is so long that it would cost me far more than the distribution cost I currently pay. | | |
| ▲ | therealdrag0 13 days ago | parent [-] | | I agree. We don’t need to discuss the boundaries of competition. I was responding to GP saying they have NEVER seen competition work, which is simple ignorance. |
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| ▲ | typewithrhythm 14 days ago | parent | prev | next [-] |
| The problem is rarely "capitalism", since most of the most glaring issues are either in highly regulated systems, or cases where the person receiving a service is not the one paying for it. I think the average english person fundamentally lacks the mindset for capitalism to work, there is little trust in an individual, and too great a desire to have daddy government come make it safe. It's the unquestioning faith in top down measures that has lead to the current system, and pulling things back to public ownership won't fix that. |
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| ▲ | ceejayoz 14 days ago | parent | prev [-] |
| Not just capitalism, though. Both involved foreign election interference and very tight electoral results. |
