As voters in Maine decide whether to buy the state’s electric utilities, Democratic consultants rake in corporate cash while residents face shut-offs.
  • @[email protected]
    33•11 months ago

    Socialism works, people. Particularly (though not limited to) for things with a vertical demand curve— necessities. Food, water, and now electricity and internet.

    • @TokenBoomer
      3•11 months ago

      Is vertical demand curve the same as inelastic demand?

      • @[email protected]
        5•11 months ago

        Yes. Different books call the phenomenon by different names, but it amounts to the same thing.

        • @TokenBoomer
          2•11 months ago

          Thanks. Vertical Demand Curve would make a great band name.

    • @[email protected]
      1•11 months ago

      Hmm, where water is heavily subsidized like in the UAE (I think, I could be wrong about the country) water usage is much higher than it would be naturally. Especially with things like irrigation. I know I would take much shorter and less frequent showers if water was super expensive. So I don’t think water is necessary a vertical demand curve.

  • Rentlar
    1•11 months ago

    Utility rate payers and taxpayers are paying money to CMP to fund the campaign to prevent them from getting bought out.