Municipal Ownership a Brief Survey of the Extent Rapid Growth And the Success
Municipal Ownership a Brief Survey of the Extent Rapid Growth And the Success
Carl D Carl Dean Thompson
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So it is with the public in regard to private individuals who are seeking a monopoly of the right to provide a certain public service. The public may, through utilities commissions, etc. , watch them and regu- late them for awhile, but ultimately it will be found a much better way to quit the task of watching lest some private individual should rob the community of its property, and, instead, arrange to serve itself and shut the door against those who may be tempted to secure unfair ad- vantage... over the public. "* i Annals of the American Academy of Political and Social Science, January, 1915, pp. 287-8. PEIVATE OWNERSHIP 33 2. The Testimony of Actual Experience In theory, therefore, the private ownership of municipal utilities is wrong. Turning now to the field of actual experience, what do we find? Exactly what might be expected. Everywhere under private ownership we find: (1) excessive rates; (2) poor service; (3) bad labor condi- tions low wages, long hours, unsatisfactory treatment, labor disturbances, and strikes; (4) overcapitalization as a means of covering up ex- tortionate profits ; (5) enormous private profits ; (6) concentration of wealth and power in the hands of the few, and (7) the evil influence of the corporations in politics.
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