Public ownership (user search)
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Author Topic: Public ownership  (Read 5839 times)
opebo
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Posts: 47,009


« on: January 15, 2005, 03:41:40 PM »

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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