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No. The modern grid has little relation to capitalism. There is some private ownership, but there are massive government barriers to entry and massive regulatio
by barney54 1mo ago
No. The modern grid has little relation to capitalism. There is some private ownership, but there are massive government barriers to entry and massive regulation of the system.
- leonidasrup 1mo agoElectric grid are excellent example of natural monopoly. "An industry is a natural monopoly if a single firm can supply the entire market at a lower long-run average cost than if multiple firms were to operate within it." https://en.wikipedia.org/wiki/Natural_monopoly https://en.wikipedia.org/wiki/Natural_monopoly
- Mainan_Tagonist 1mo agoif anything it is THE natural monopoly