ljj@aus.social 9 months ago
@ajsadauskas
Privatisation is the perfect grift. It always involves some combination of:
- buying assets for less than they are worth
- being guaranteed a return
- being able to run services / assets down while increasing prices
- being given grants to stay viable once assets start failing
@australianpolitics
#auspol #australia #economics #energy #privatisation #electricity #ClimateChange #politics #business
gjd@aus.social 9 months ago
@ljj @ajsadauskas @australianpolitics the worst thing is that everyone involved knew it was con, but they did it anyway, because the con was the whole point
and as usual the media carried their water