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PG&E Bankruptcy and Wildfire Liability: Time to End Government-Sanctioned Monopolies?
by Countable
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  • Nick
    Voted Yes
    01/16/2019
    ···

    Considering I live in the Duke Energy area and there have been coal ash deposits that they have made and not cleaned up or even compensated properly, I agree that government-backed monopolies are bad on a personal level. In terms of our capitalist model it’s entirely uncapitalistic and quite mercantilistic, an economic system that is dated and not as relevant as it used to be. Unless the government intends to seize control of the energy firms it promotes and publicize it similar to how we receive mail, then let the invisible hand handle the energy companies and regulate them as necessary.

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