19 Feb 2015
Why not try profit sharing?
It occurs to me that it would be easier to put these hard-to-verify claims and counter-claims to rest by specifying that any "profits" earned by IOUs should be split between their shareholders and customers (as would be the case in a cooperative). Such a system would mean that the IOU's profits in flush times would be less controversial to customers getting a check at the same time as their misery in skint times would be seen with more sympathy. I know that investors might be unwilling to share "their" money, but it's not like their taking a big risk with a utility, eh?