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this post was submitted on 09 Oct 2023
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Yep, that'll do it.
Privatising infrastructure is stupid AF. It was part of the 90s Zeitgeist, which haunts us to this day.
And it was known to be stupid in the 1990s already. The only people who benefit from it are the investors. Everyone else pays for their dividend.
Yeah privatization in general doesn’t work great. The only good arguments I’ve heard for private ownership is the initial investment portion.