You will own nothing and have no power and you will like it.
I agree...They want to own ALL the utilities...and install smart meters which will give them total control...when the government declares an emergency....which will last....forever...
You have succinctly stated the process being presently imposed on China by Chairman Xi. All that was prosperous and free is being degraded to some common denominator. There will be China Socialist equality where all live just above poverty
There will be no private or stock companies. There will be no entrepreneurial street vendors. There will be no private economy.
Xi is replacing the Maoist collective agricultural model with a CCPist collective industrial model.
It is not a theoretical event. Xi and the CCP are in fact forcing the transition right now. The China most think they know simply isn’t
Surprised they didn’t do this a month ago. At this point I suspect the Texas outage a few winters ago was deliberate.