opebo
Atlas Legend
Posts: 47,009
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« on: January 15, 2005, 03:41:40 PM » |
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It isn't such a big deal whether the roads, power, railroad and sewage services are public or private, given the sort of natural physical monopoly they may represent. On the whole I would prefer private, though some regulation would optimize their effectiveness. Any other industry should be private.
I actually knew a guy - one of my dad's buddies - who owned a private sewage company he had started himself. He was a public utility regulated by the state, with his own physical territory. He later sold out, I believe to a government entity, for about four million. He was a crabby old man when I knew him, with a hot young wife.. rumour had it that he had pushed his old original wife into the sewage treatment facility - and in fact she had drowned in the sewage, though no foul play was ever proved.
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