Author Topic: Water Wars in Arizona  (Read 456 times)

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Offline TimG

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Re: Water Wars in Arizona
« Reply #60 on: July 31, 2018, 05:23:05 pm »
Part of the costs to provide the service are wages....  Are you seriously this ignorant about profit vs nonprofit?
And wages are profits earned by workers. Are you seriously this ignorant about what profits are? There is no difference between the profit earned by a business owner and the profit earned by a worker. Both are compensation for time and money invested.

I noticed you ignored my question about whether you thought the public utility in charge of water is trying to maximize profits.   Do I need to explain what maximize means?
Maximizing profits is not inherently bad if it leads to delivering better service at lower cost. The problem with publicly run organizations is bad incentives lead to worse service and higher costs. Whether the organization is public or private, the right incentives and regulations need to be in place.
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