deregulation (thanks reagan) and capitalism, unironically. our power companies are the same bullshit. these monopolies get all the benefits of being government entities (taxpayer funded), and none of the downsides (not responsible to the people through elected officials) and also they have none of the downsides of being capitalist in general (they are always bailed out, losses are socialized to the people through higher taxes and prices). things such as internet and power need to be nationalized. it's more efficient and protects the people better.
United States