Comment on Private water company increases CEO pay by nearly 100%. This is how Steve Reeds, UK water minister, reacts

n3m37h@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

• Armand1@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  You can tell they are really improving competition and efficiency by raising the C - suite salaries.

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• kautau@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  In hypercapitalism, a perfect private water utility is one that provides no water, is purely a registered corporation without any physical assets, pays no taxes, and charges people their entire monthly income for a water bill. And government protection of the monopoly is a big plus, the shareholders love that

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  • Swedneck@discuss.tchncs.de ⁨2⁩ ⁨weeks⁩ ago

    almost, you’d also take the actual water you’re given a legal monopoly on and bottle it to sell to other countries!

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