No, thats just what you believe I am implying, and it has nothing to do with what I wrote.
Matt1970
Lifer
- Mar 19, 2007
- 12,321
- 2
- 0
You were the one who mentioned the free market in a situation that has NOTHING to with it.
That is not solving anything. The free market solves problems only when it is more profitable than milking them or ignoring them. That is the problem with drug companies.
Jaskalas
Lifer
- Jun 23, 2004
- 29,801
- 3,315
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Most of the supply utilities are govt. owned. There are a few private utilities in some cities - Tata and Reliance Power are the biggest. A lot of power generation is private though.
There are 5 main grids in India - North, East, North-East, South, West. The North grid gave way yesterday and was restored. It failed again today, but this time dragged East and North-East too. The failure is attributed to a single state (Uttar Pradesh/UP) drawing more than its share of power. Its the state with the most population and highest fertility rate. Also the most backward.
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/northern-eastern-grids-collapse-biggest-power-failure-in-india/articleshow/15291201.cms
All the power generation units supplying to the failed grids have been shutdown. Restarting them and getting the grid back up is going to take a day.
The South grid is not connected to the rest and hence remained clean. There are frequent but planned power cuts to balance production-demand, but no failures.
No, those are just examples of cases where the free market equilibrium reached (the solution) is not desirable. Nobody (that I know of) would argue that a completely free market (which doesn't exist by the way) will always bring about the best and most desirable solution for all.
I can only imagine how big of a mess traffic there is right now when it's generally a mess anyway (at least from what I've been told).Already the worst traffic problems is the world. Now times 2 with countless trains stalled across roadways and no working traffic lights.
..... or about 5 square miles in India?
Couldn't resist.670 million without power in one country is mind boggling.
cybrsage
Lifer
- Nov 17, 2011
- 13,021
- 0
- 0
Actually, you are an idiot because you are an idiot. Posting idiotic things does not make you an idiot - you post idiotic things BECAUSE you are an idiot. To be fair, I did not expect you to come to this understanding on your own...well, because you are...I think you get the idea.
The free market cannot fix something the government fully controls. A non-idiot would already know this.
Even for India, this blackout must have a huge impact. (Even for India, because power cuts are way of life there, with most consumers getting power only part of the day. Major metropolises publish schedules for power cuts, as in 'no power in these areas 3pm to 9pm, Mon - Wed, ...' ).
Yes, twice the population of the US impacted. Even individually, the numbers can boggle the mind : I cannot imagine the state of travelers in the 300 odd trains that were stranded on the tracks at various places (maybe some still are), each with 1000-2000 passengers for more than half a million left to fend for themselves in this heat, away from home or even railway stations. Hospitals are generally equipped with generators, but this might be more than they could have planned for.
Maybe some good will come out of this. Infrastructure - or lack thereof - has been the bane of India. But just the advent of cell-phones has seen a dramatic shift around in the telecommunication scene in the last few years, maybe this will be the last straw for the electricity arena; there are good examples with certain states managing electricity better than others. WSJ covers it here.
Yes, twice the population of the US impacted. Even individually, the numbers can boggle the mind : I cannot imagine the state of travelers in the 300 odd trains that were stranded on the tracks at various places (maybe some still are), each with 1000-2000 passengers for more than half a million left to fend for themselves in this heat, away from home or even railway stations
. Hospitals are generally equipped with generators, but this might be more than they could have planned for. Maybe some good will come out of this. Infrastructure - or lack thereof - has been the bane of India. But just the advent of cell-phones has seen a dramatic shift around in the telecommunication scene in the last few years, maybe this will be the last straw for the electricity arena; there are good examples with certain states managing electricity better than others. WSJ covers it here.
werepossum
Elite Member
- Jul 10, 2006
- 29,876
- 460
- 126
A truly "free" market isolates power in the hands of few, who manipulate the playing field to give themselves unfair advantage over the rest. Why anyone would think that would solve today's problems is beyond me.
There is a reason why our government is shaped the way it is. Regulations were born out of necessity.
There is a reason why our government is shaped the way it is. Regulations were born out of necessity.
Thats it, Im kicking you out my tree house!
I was not aware that the Indian government completely comtrolled the electrical market in India.
1prophet
Diamond Member
- Aug 17, 2005
- 5,236
- 472
- 126
Not one Chinese, Indian, or illegal stole a single American job, another American with the authority and ability to do so gave them that so called stolen job.:sneaky:
It's obvious that the state hasn't done much to address the issue itself. The fact that electricity usage which is controlled and subsidized by India's government (and also rationed via planned outages) further compounds the issue of wasteful energy usage and power spikes when electricity returns to an area.
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