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I hate when people project their own failings onto everyone else to feel better about themselves...
Loads of people can personally accumulate wealth well past entry level.office work and not sell out their class.
Also pretty underhanded to call utility monopolies socialism when it's a capitalist monopoly. If basic services operate for profit, it doesn't matter if the city or a corp gets the profits. It shouldn't be free, but public utilities just should never turn a profit.
I'm only familiar with local utilities, but are there public utilities that turn profits? What happens to the profits?
I know of private utilities that are owned by municipalities and they pay dividends back to the municipality which is used in the city budget. There is also Hydro One which is about 50% owned by various orgs and is publicly traded. They pay dividends but like $0.35 per share, quarterly.
Southern California Edison. Waste Management. Every internet company. Water and sewer are about the only public utilities that are handled by the city in my city.
The person I was replying to said public utilities shouldn't turn a profit, so I was asking about public utilities that turn profits, not privatized utilities.