Remember This When Scott Pruitt Runs For Governor

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Dave70968

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My question was more rhetorical. I understand that our state constitution was written at a time when the labor movement and progressivism were hip and trendy, and in many areas it reflects that. But no matter how much it's codified, it still doesn't make it right.

The short answer is because it was granted a monopoly; in the absence of competition to regulate prices, a monopoly--particularly one with demand as inelastic as a utility--has no incentive to keep prices down, and every incentive to raise them nearly without limit.
 

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