• BotsRuinedEverything@lemmy.world
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    6 hours ago

    No they wouldn’t. Final consumer cost is based on what people WILL pay not what they WANT to pay. At the end of the day the overarching goal of capitalism is for 99% of the population to spend 100% of their earnings. You can’t funnel all wealth to the 1% if the 99% are holding on to it.

    • crusa187@lemmy.ml
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      2 hours ago

      In a free market, people will pay less for the same service if they can.

      Capitalistic utility monopolies are a scam.

    • ieatpwns@lemmy.world
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      5 hours ago

      So you’re telling me if I found a way reach all my fellow power company customers we could strike and lower our power rates?

      • AA5B@lemmy.world
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        2 hours ago

        Many states have very regulated utility prices: you may need just a half dozen buddies and get appointed to the oversight board that approves rates

      • WanderingThoughts@europe.pub
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        4 hours ago

        Yes. It’s like big telecom. When people install panels at home, power companies start inventing additional fees. If communities start looking for local grids, companies start lobbying to outlaw this.