Ever since I learned that pretty much all utilities are publicly-traded stocks on the stock market as for-profit companies that wealthy mfs talk about "diversifying their portfolio" with "in the energy sector" I've been so disturbed.

The idea that utilities are for-profit is just so f***ed up and deranged.

[–] cadekat@pawb.social 26 points 1 week ago (1 children)

You are allowed to say "fucked" 🤣

[–] szczuroarturo@programming.dev 1 points 1 week ago

Thats the problem with internet you never really know what is allowed where. Doubly so in places like lemmy or reddit where rules depend on community

[–] JargonWagon@lemmy.world 18 points 1 week ago

The fact that most companies are for profit is deranged. Utilities are necessary for day to day life, they go hand in hand with having a roof over your head in my book. Real estate should also be non-profit. Insurance should also be non-profit, put the excess money to use by fixing the things that are insured. Hospitals/medical anything should be non-profit. Food and water should be non-profit. Internet connectivity should be non-profit as well.

Give back to the citizens.

[–] Overshoot2648@lemm.ee 6 points 1 week ago

Not all at all. Lots of utilities are Consumer Cooperatives. Lots of people working at those cooperatives don't even know that consumer and worker cooperatives are market socialist and tend to be conservative which annoys the heck out of me.