Propaganda
👤 PersonAppearances Over Time
Podcast Appearances
Like if you have a public electricity providers, government ran public transit systems, state-owned telecommunication companies, public utilities, right? Now listen, here's where it's interesting, have to balance serving the public interest while remaining financially sustainable.
Like if you have a public electricity providers, government ran public transit systems, state-owned telecommunication companies, public utilities, right? Now listen, here's where it's interesting, have to balance serving the public interest while remaining financially sustainable.
Like if you have a public electricity providers, government ran public transit systems, state-owned telecommunication companies, public utilities, right? Now listen, here's where it's interesting, have to balance serving the public interest while remaining financially sustainable.
Since they are not profit-driven, any revenue earned is invested back into maintaining the infrastructure of the operations, which seems like a big old duh. We're not here to make money. This is not our money-making interest. This is living. It's a utility. I'm not trying to make money off it. I'm trying to keep the lights on. But as we know, it costs to do those things.
Since they are not profit-driven, any revenue earned is invested back into maintaining the infrastructure of the operations, which seems like a big old duh. We're not here to make money. This is not our money-making interest. This is living. It's a utility. I'm not trying to make money off it. I'm trying to keep the lights on. But as we know, it costs to do those things.
Since they are not profit-driven, any revenue earned is invested back into maintaining the infrastructure of the operations, which seems like a big old duh. We're not here to make money. This is not our money-making interest. This is living. It's a utility. I'm not trying to make money off it. I'm trying to keep the lights on. But as we know, it costs to do those things.
So the temptation becomes easy to be like, how do I offload this cost and make sure that this service is there? Because as you know, oftentimes, Public utilities don't be very good. You know what I'm saying? Flint still ain't got fresh water. Right now, Altadena is in a situation where they was like, look, don't even boil the water. Like whatever coming out of your tap is just not good.
So the temptation becomes easy to be like, how do I offload this cost and make sure that this service is there? Because as you know, oftentimes, Public utilities don't be very good. You know what I'm saying? Flint still ain't got fresh water. Right now, Altadena is in a situation where they was like, look, don't even boil the water. Like whatever coming out of your tap is just not good.
So the temptation becomes easy to be like, how do I offload this cost and make sure that this service is there? Because as you know, oftentimes, Public utilities don't be very good. You know what I'm saying? Flint still ain't got fresh water. Right now, Altadena is in a situation where they was like, look, don't even boil the water. Like whatever coming out of your tap is just not good.
Boiling is not good enough. Like do not drink this water. Right. Is the situation that they in. And it's like, well, where the money at? Like, how are we going to fix this? Now, that's a public utility. Now, a private utility is utilities obviously owned and operated by private companies.
Boiling is not good enough. Like do not drink this water. Right. Is the situation that they in. And it's like, well, where the money at? Like, how are we going to fix this? Now, that's a public utility. Now, a private utility is utilities obviously owned and operated by private companies.
Boiling is not good enough. Like do not drink this water. Right. Is the situation that they in. And it's like, well, where the money at? Like, how are we going to fix this? Now, that's a public utility. Now, a private utility is utilities obviously owned and operated by private companies.
So that would be an investor owned electricity company, like a private telecommunication, private owned oil, gas and pipelines and private owned waste management companies. Now, their goal, because it's a company, is still to make profit for their shareholders while also delivering reliable service.
So that would be an investor owned electricity company, like a private telecommunication, private owned oil, gas and pipelines and private owned waste management companies. Now, their goal, because it's a company, is still to make profit for their shareholders while also delivering reliable service.
So that would be an investor owned electricity company, like a private telecommunication, private owned oil, gas and pipelines and private owned waste management companies. Now, their goal, because it's a company, is still to make profit for their shareholders while also delivering reliable service.
Now, they argument their defense would be if we don't give you a good product, we won't have customers. So it is in our best interest for our own money to give you a best service. However, are you seeing the truck size hole in a logic? Nigga, we don't have a choice. Do you have a choice as to what water company provides the water to your house? Who gonna run the sewer? I don't have an option.
Now, they argument their defense would be if we don't give you a good product, we won't have customers. So it is in our best interest for our own money to give you a best service. However, are you seeing the truck size hole in a logic? Nigga, we don't have a choice. Do you have a choice as to what water company provides the water to your house? Who gonna run the sewer? I don't have an option.
Now, they argument their defense would be if we don't give you a good product, we won't have customers. So it is in our best interest for our own money to give you a best service. However, are you seeing the truck size hole in a logic? Nigga, we don't have a choice. Do you have a choice as to what water company provides the water to your house? Who gonna run the sewer? I don't have an option.
Anyway, so the key differences are very obvious, right? One is the ownership and motives, like publicly owned utilities serve the public interest rather than pursue profits, right? Private owned utilities are there for their investors and to maximize returns. Regulation and pricing. Public utilities are regulated by the government-appointed commissions that oversee pricing.
Anyway, so the key differences are very obvious, right? One is the ownership and motives, like publicly owned utilities serve the public interest rather than pursue profits, right? Private owned utilities are there for their investors and to maximize returns. Regulation and pricing. Public utilities are regulated by the government-appointed commissions that oversee pricing.