Re:Macron says France will build new nuclear energy reactors
by lambdadmitry on Wednesday November 10, 2021 @09:25PM
(#29183735)
Rolling blackouts fit your definition, do you consider Texas socialist? They had remote bureaucrats cutting people off just last winter.
Re:Macron says France will build new nuclear energy reactors
by WalterBright on Thursday November 11, 2021 @01:55AM
(#29185195)
I don't know the Texas crisis in detail, but I recall that people who were paying variable rates were not cut off.
I call something socialist when government regulators set the price, or otherwise interfere with the price.
Re:Macron says France will build new nuclear energy reactors
by lambdadmitry on Thursday November 11, 2021 @04:29AM
(#29186153)
They weren't, they are just broke now. Not sure if it's a preferred alternative https://www.nytimes.com/2021/02/20/us/texas-storm-electric-b...
A binary solution is far less efficient than one where the consumer decides if he's willing to pay the spot price or not. Especially if that is controlled from afar.
Shaping demand with prices is how free markets work. Shaping demand via some remote bureaucrat's decision to randomly cut people off is socialism.