4 ms·

This is a common libertarian argument. And I think it'd be very interesting to see in practice. I live in a state with many toll highways and people complain ab

This is a common libertarian argument. And I think it'd be very interesting to see in practice. I live in a state with many toll highways and people complain about the cost. But those highways are well maintained. And they complain about the potholes on the free roads. So I think it's more of an issue of people wanting everything for nothing. One problem with a private road system is that roads take up space and prevent people from using that space for something else. I think that property tax on road surface area would be prohibitively expensive if a private entity were to own it. Another problem is that building or expanding a road through an already populated area basically requires eminent domain.

frosted-flakes 7y ago
Roads would still be built and planned by governments. But privately owned. See Highway 407 in Toronto, which was "sold" (100 year lease) to generate revenue.
- unlinked_dll 7y ago
  Private ownership should be the product of private development in my opinion. Especially when what you'd be doing is granting a monopoly over a public asset. We should never privatize profits deriving from public investment.
- learc83 7y ago
  The free market works best with lots of competition. Roads by their nature don't have that. What happens when a company buys both routes between town A and town B? What free market forces are going to drive down prices?
- stjohnswarts 7y ago
  I do not agree in the least. Roads should be publicly owned and maintained. Private corporations will always seek to squeeze every last drop of money out of commuters because they are effectively a monopoly, especially on very long chunks of highways.
  - frosted-flakes 7y ago
    I didn't say I agree with that position. I think it's a terrible one, and the government that sold the 407 was incredibly misguided. But that's how it would work.
- mywittyname 7y ago
  Highway 407 is a great example of what for profit highway systems look like: high prices, dynamic pricing, tons of hidden fees. Prices per mile are something like $0.80-1.00USD (for passenger cars), not including a few bucks in fees. When I traveled to Toronto for work, my bill per trip on the 407 was at around $50USD. This was in around 2014 and I imagine that prices have gone up a lot since then. According to wikipedia, for each dollar collected by the 407, $0.21 goes to maintenance, and $0.79 to profits ($0.66 are paid out in dividends). The 407 collects $1.3 billion dollars annually with double-digit annual growth. Private roads are economically unsustainable and serve only to leech wealth from society.
gorgoiler 7y ago
And also, tolls are a regressive tax.
- smileysteve 7y ago
  Any subsidization of transportation requiring costs such as an automobile, insurance, licensing, and gas are also regressive; making a great argument that tolls should fund public transit (but with opportunity that that goes towards busses, rideshares etc in the private sphere too)
zip1234 7y ago
As strange as it is, the average person has many an opinion on roads and road maintenance, but very little understanding of the costs involved and where the money comes from. Also, I agree that everyone does want everything for nothing and complain vociferously if those free things are taken away.

frosted-flakes 7y ago

Roads would still be built and planned by governments. But privately owned. See Highway 407 in Toronto, which was "sold" (100 year lease) to generate revenue.

unlinked_dll 7y ago
Private ownership should be the product of private development in my opinion. Especially when what you'd be doing is granting a monopoly over a public asset. We should never privatize profits deriving from public investment.
learc83 7y ago
The free market works best with lots of competition. Roads by their nature don't have that. What happens when a company buys both routes between town A and town B? What free market forces are going to drive down prices?
stjohnswarts 7y ago
I do not agree in the least. Roads should be publicly owned and maintained. Private corporations will always seek to squeeze every last drop of money out of commuters because they are effectively a monopoly, especially on very long chunks of highways.
- frosted-flakes 7y ago
  I didn't say I agree with that position. I think it's a terrible one, and the government that sold the 407 was incredibly misguided. But that's how it would work.
mywittyname 7y ago
Highway 407 is a great example of what for profit highway systems look like: high prices, dynamic pricing, tons of hidden fees. Prices per mile are something like $0.80-1.00USD (for passenger cars), not including a few bucks in fees. When I traveled to Toronto for work, my bill per trip on the 407 was at around $50USD. This was in around 2014 and I imagine that prices have gone up a lot since then. According to wikipedia, for each dollar collected by the 407, $0.21 goes to maintenance, and $0.79 to profits ($0.66 are paid out in dividends). The 407 collects $1.3 billion dollars annually with double-digit annual growth. Private roads are economically unsustainable and serve only to leech wealth from society.

gorgoiler 7y ago

And also, tolls are a regressive tax.

smileysteve 7y ago
Any subsidization of transportation requiring costs such as an automobile, insurance, licensing, and gas are also regressive; making a great argument that tolls should fund public transit (but with opportunity that that goes towards busses, rideshares etc in the private sphere too)

zip1234 7y ago

As strange as it is, the average person has many an opinion on roads and road maintenance, but very little understanding of the costs involved and where the money comes from. Also, I agree that everyone does want everything for nothing and complain vociferously if those free things are taken away.