I used to believe in the privatization of everything, but i have learned that it has too many flaws.
And i do not believe what i wrote above, i just understand the structure.
What is necessary is real competition.
And real ownership by those who are invested in its outcome.
Power plants and distribution grids should not be privatized.
Especially since giving exclusive access over a geographical area is the norm.
Look at Commifornia and the price gouging over summer.
Instead, we need locally provided, locally controlled, locally financed energy solutions.
The same is true of most other problemed economic areas.
We need a lot more competition.
And the supplier needs to have skin in the game.