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Institute for Local Self-Reliance on Instagram: "SoCal Edison’s failure to act on repeated safety warnings before the deadly Eaton fire exposes a flaw in the investor-owned utility model: because utilities earn shareholder profits on capital investments, they have an incentive to prioritize new infrastructure over routine maintenance. It’s a tragic example of the danger of allowing private utilities to shape the rules meant to govern them — and it demonstrates the need for structural change."
2,536 likes, 81 comments - ilsr_org on August 25, 2026: "SoCal Edison’s failure to act on repeated safety warnings before the deadly Eaton fire exposes a flaw in the investor-owned utility model: because utilities earn shareholder profits on capital investments, they have an incentive to prioritize new infrastructure over routine maintenance. It’s a tragic example of the danger of allowing private utilities to shape the rules meant to govern them — and it demonstrates the need for structural change.".