@glassdelusion it's also a typical #LateStageCapitalism problem, because #NaturalMonopolies don't belong #privatized, but either in oublic ownership by the state or setup as an entity that needs to maintain #infrastructure!

"The maddest examples have come when monopolies – water, rail – have been sold to private firms, even though competition is the only thing that makes markets work. A private monopoly is the worst of both worlds: no competition-based incentives to improve, and no public-good ethos pushing the organisation to look out for citizens’ interests."

#MaxRashbrooke, 2025

https://thespinoff.co.nz/politics/30-01-2025/how-a-failure-of-the-imagination-opens-the-door-to-privatisation

#privatization #NaturalMonopolies

How a failure of the imagination opens the door to privatisation

When public services are failing, it's easy to look to privatisation. But that doesn't mean we should.

The Spinoff

@phocks
We'll never forget a telco saying, we just on-sell the data packages the govt (#nbnCo if we remember) sell to us wholesale.

Horray, corporate capture of #naturalMonopolies!

#telecommunications #communication #corporateCapture

It’s Still Unstable After the Swiss Avalanche

Can there be only one? The desperate takeover of Credit Suisse by UBS may fend off a crisis, only to push banks further toward natural monopolies.

Bloomberg
How Energy Privatisation Bankrupted Britain

YouTube

@icedquinn
Sustainable Australia Party used to call these "de facto standards" "#naturalMonopolies".

They used to argue that such natural monopolies must be made public.

They may still do, but we can no longer access their site as #cloudFlare blocks access to it. Cloudflare serve a number of other #minorParty websites, all of which are inaccessible.

Keep in mind, #Australia is IN AN #ELECTION, right now.

#auspol #privacy #electionMeddling #electionRigging #USA #democracyDoesNotExist

@LibreSolutionsNetwork
While that is a good abstracted "effect of fascism" the story is simple.

> Facism is the melding of govt with #bigBusiness.

In the case of #theWest, the most fascism over the generations has stemmed from #banking and finance, but we see big #propertyDevelopers, BigPharma, #CAGEFAM and a MilitaryIndustrialComplex, as unwieldy and extremely dangerous bedfellows with govt.

Natural monopolies should only be govt managed.

#naturalMonopolies #MICIMATT #bigPharma

@nonlinear
Precisely, people will pay taxes for things that they see value in, yes. Things that are palatable. People will take a active role in what their government is spending their taxes on.

Unlike today.

With never-ending streams of funds going to grifters for often #uselessJobs, or jobs that would be #volunteer. There should be a #UBI, and a govt that manages #naturalMonopolies, preventing other monopolies from forming, and have protections for environment, health and safety.

@icedquinn

Then there are monopolies that are removed from public scruitiny altogether (eg. Cloudflare). One main irony to us, is that that #FFFDotOrg link you posted is on a Cloudflare website, @lain, many social progress indicators have been or are going down especially since the 1970s.

Most thinkers seem to be on the page of #naturalMonopolies being managed by the ppl collectively - ie. govt and not by oligarchic corporations.

@ademan

@Moon

> FCC should exist for limited and difficult to manage resources like radio bandwidth but probably not for private resources like cable television/ internet. or maybe it should when those services reach monopoly status.

The term we've adopted is #naturalMonopolies and yes they do need to be govt, (ie. WeThePeople) operated. Eg. land registries, roads, water treatment, electricity grid, radio frequencies, immigration system, law courts, naturalResourceManagment etc.

@icedquinn @billiam