Submitted by hugglenugget t3_yesrv3 in news
StuStutterKing t1_iu33b2g wrote
Reply to comment by graydf in Shell paid zero windfall tax in UK despite record global profits by hugglenugget
I am an avowed capitalist. Capitalist markets, and specifically the modern global private market, are quite possibly the second greatest human achievement thus far behind Wikipedia.
Private markets, however, work best when competition is best. That is not necessarily true when it comes to public goods, such as natural resources and the energy grid. Here, stability, ease of access, and widespread infrastructure (even in areas where it may not be monetarily beneficial to do so) outweigh the current need for private variation and the additional profit margin.
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