Re:Tesla's giant battery saved $40M during its first year, r...
by simonh on Sunday December 09, 2018 @06:25AM
(#18640367)
> hence my socialist comment - moving money from corporations to consumers.
Thats is such a bizarre comment. No corporation has a right to make money, they have to earn it by providing a valuable service. If that service can be provided more efficiently another way, tough. That's what market forces are all about.
Yes the energy company commissioning the battery is publicly owned. You could squint and see some socialism in that. I've no argument there. However it's doing this because it is exposed to market forces, and overspending on peak power provision. Characterising responding to that market stimulus with capital investment is I think going a step too far.
Look at it another way. Is exposing public companies to market forces and having them react to those stimuli more socialist than protecting them from markets, or less socialist? Is it closer to pure capitalism or further away?
Thats is such a bizarre comment. No corporation has a right to make money, they have to earn it by providing a valuable service. If that service can be provided more efficiently another way, tough. That's what market forces are all about.
Yes the energy company commissioning the battery is publicly owned. You could squint and see some socialism in that. I've no argument there. However it's doing this because it is exposed to market forces, and overspending on peak power provision. Characterising responding to that market stimulus with capital investment is I think going a step too far.
Look at it another way. Is exposing public companies to market forces and having them react to those stimuli more socialist than protecting them from markets, or less socialist? Is it closer to pure capitalism or further away?