The Moral Argument
City of Calgary owns Enmax.
Enmax is a profitable, cash flow positive (so far) investment.
Their motto is a dramatic form of irony:
Applied to electrical purchasing, “you have the right to choose” is a fine motto. But applied to ownership, it is a sad irony, because I am not free to choose between owning Enmax or not. I am compelled, through a collective financial interest as a taxpayer, to own a utility. Or at least, I have all the risks of ownership and such of the rewards as my political municipal masters allow.
I should have the right to choose to own Enmax or not, to be exposed to the risks of ownership or not. I Should Have the Right to Choose. Morally, I should be able to choose.
Remaining parts in the Enmax series: