this post was submitted on 15 Aug 2023
123 points (94.9% liked)

World News

39019 readers
2322 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] J12@lemmy.world 44 points 1 year ago (5 children)

Absolutely bizarre utility companies are for profit with shareholders.

[–] lasagna@programming.dev 21 points 1 year ago* (last edited 1 year ago) (2 children)

We have been shown over and over that investors will take profits during good times, build no resilience to handle disasters, invest the bare minimum back into infrastructure and jobs, drain the companies until bankruptcy arrives and taxpayers are left with the bill.

This could work with proper regulation. But regulation can be corrupted. Money corrupts. This industry involves lots of money. And so here we are.

When Jeremy Corbyn proposed to buy back utility companies here shortly before the energy crisis, people looked at him like a lunatic.

[–] Yo_Honcho@lemmy.world 1 points 1 year ago (1 children)

Really sounds like a capitalistic society.

[–] lasagna@programming.dev 0 points 1 year ago* (last edited 1 year ago)

Because communist societies did better?

Maybe it's time to admit that the biggest flaw in our systems is human nature.

load more comments (2 replies)