#privatization is the #enshitification mechanism of #capitalism

Britain’s energy grid operator National Grid has paid out almost £28bn in dividends to shareholders since privatisation, while the pace of investment in the transmission network has stagnated, finds new research from Commonwealth think tank

https://www.energymonitor.ai/tech/networks-grids/national-grid-pays-out-billions-to-shareholders-while-investment-in-transmission-network-declines/

#capitalism #billionaires