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Congress gave rail companies immense wealth of half the land in an adjacent ten mile swath as an incentive to build in remote hinterlands. Some companies levera
by peter303 6y ago
Congress gave rail companies immense wealth of half the land in an adjacent ten mile swath as an incentive to build in remote hinterlands. Some companies leveraged this better than others. The modern analogy was to lightly regulate what was attached to the internet, so companies could construct vast virtual properties.