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This type of shit happens every single time something is privatized
Everywhere I look I see austerity, and every time I think of Clara Mattei’s book "The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism"
Here’s a nice appearance on the Richard Wolff podcast that she did for those interested
and yet, we still have lots of mouth breathers running around supporting privatizing services
For profit industry will always be more expensive than public. Because the goal of the public industry is to provide the public with that good/service. It often sells at cost or even at a deficit since it does not need to profit. Its prices will only raise if material or labor costs increase.
Meanwhile private industries will always be looking for ways to increase price. Whether it be by cutting wages even further, adding pointless additions to up sell, “shrinkflation” etc. Because the goal is to make money despite the actual value of it’s good/service.
