--- title: "Meaning & Key Takeaway of: If you have a privately owned system…" description: "\"If you have a privately owned system, there's going to be monies leaving the community that will go towards shareholder dividends and high salaries. If..." image: "https://sms4smile.com/quotes/i/eef/bill-simmons-19427_communication_if-you-have-a-privately-owned-system-the_1422798.png" --- # If you have a privately owned system, there's going to be… ![“If you have a privately owned system, there's going to be monies leaving the community that will go towards shareholder dividends and high salaries. If you have a community owned, municipally owned facility, those extra resources are being reinvested in the community and they can be going to…” quote by Bill Simmons](https://sms4smile.com/quotes/i/eef/bill-simmons-19427_communication_if-you-have-a-privately-owned-system-the_1422798.png) [Download](https://sms4smile.com/quotes/i/eef/bill-simmons-19427_communication_if-you-have-a-privately-owned-system-the_1422798.png) [Open image](https://sms4smile.com/quotes/i/eef/bill-simmons-19427_communication_if-you-have-a-privately-owned-system-the_1422798.png) > “If you have a privately owned system, there's going to be monies leaving the community that will go towards shareholder dividends and high salaries. If you have a community owned, municipally owned facility, those extra resources are being reinvested in the community and they can be going to weatherization and other projects that are vested in the community.” [Bill Simmons](https://sms4smile.com/quotes/author/bill-simmons/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Privately owned utilities send profits to shareholders, while community-owned ones reinvest earnings locally for public benefit. **In simple terms:** Private ownership drains community wealth; public ownership keeps it local. Key Takeaway Support community ownership for local reinvestment. Themes economics public policy community development Mood thoughtful analytical Type policy economic When to use this quote - local infrastructure projects - energy cooperatives - municipal budgeting - community budgeting Key Concepts shareholder dividends municipal finance public reinvestment Questions to Reflect On - How does local reinvestment improve community resilience? - What are the trade‑offs between efficiency and local benefit? A Different Perspective Private ownership may lack efficiency and innovation compared to market competition. ★ ★ ★ ★ ★ No ratings yet [Communication](https://sms4smile.com/quotes/about/communication/) [Community](https://sms4smile.com/quotes/about/community/) [Community Owned](https://sms4smile.com/quotes/about/community-owned-5043894/) [Community Shareholder](https://sms4smile.com/quotes/about/community-shareholder-5043895/) [Dividends](https://sms4smile.com/quotes/about/dividends/) [Extras](https://sms4smile.com/quotes/about/extras/) [Facility](https://sms4smile.com/quotes/about/facility/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Leaving](https://sms4smile.com/quotes/about/leaving/) [Municipally Owned](https://sms4smile.com/quotes/about/municipally-owned-5043896/) [Privately Owned](https://sms4smile.com/quotes/about/privately-owned-3618512/) [Projects](https://sms4smile.com/quotes/about/projects/) [Reinvested Community](https://sms4smile.com/quotes/about/reinvested-community-5043897/) [Resources](https://sms4smile.com/quotes/about/resources/) [Salary](https://sms4smile.com/quotes/about/salary/) [Shareholders](https://sms4smile.com/quotes/about/shareholders/) ## Related quotes > [We agree with the statement contained in the encyclical Quadragesimo Anno, written by Pope Leo XIII, that "anything which dominates the life of the…](https://sms4smile.com/quotes/tommy-douglas/we-agree-with-the-statement-contained-in-the-encyclical-quadragesimo/) [Tommy Douglas](https://sms4smile.com/quotes/author/tommy-douglas/) > [Reddit is not a public utility or a public square; its a privately owned space on the Internet.](https://sms4smile.com/quotes/john-scalzi/reddit-is-not-a-public-utility-or-a-public-square-its-a-privately/) [John Scalzi](https://sms4smile.com/quotes/author/john-scalzi/) > [The land which the Society of Jews will have secured by international law must naturally be privately owned.](https://sms4smile.com/quotes/theodor-herzl/the-land-which-the-society-of-jews-will-have-secured-by-international/) [Theodor Herzl](https://sms4smile.com/quotes/author/theodor-herzl/) > [“We've come to understand that all land not explicitly designated for public use is privately owned, regardless of whether it's put to use or…](https://sms4smile.com/quotes/martin-adams/we-ve-come-to-understand-that-all-land-not-explicitly-designated-for/) [Martin Adams](https://sms4smile.com/quotes/author/martin-adams/) > [Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.](https://sms4smile.com/quotes/ayn-rand/capitalism-is-a-social-system-based-on-the-recognition-of-individual/) [Ayn Rand](https://sms4smile.com/quotes/author/ayn-rand/) > [If you let people own their land, they take care of it. 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