this post was submitted on 20 Sep 2026
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[–] kent_eh@lemmy.ca 14 points 3 hours ago

It always happens. After privatization prices go up and/or service levels go down.

That's the only way for the new owner to "earn" their profits.

Privatization is a one-time win for the finances of the government of the day, and a long term burden on the people who use that service.

But some profiteer gets infrastructure for cheap that they can extract profit from.