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> Rail has also been set up to fail with metrics like direct profitability, which is entirely not the point of public transportation. It's like claiming the ent
by dnautics 6y ago
> Rail has also been set up to fail with metrics like direct profitability, which is entirely not the point of public transportation. It's like claiming the entire value of a road is the toll money it generates.
It's this mentality that is exactly the problem. If a public transportation system can pull a profit that means it's actually creating value for people in excess of the resources that it took to create.
If you look at the best public transit systems in the world most of them are either for profit corporations or explicitly chartered to generate revenue (MTR/Comfort Delgro in sg, MRT in hong kong, tokyo subway). I'm aware that MTR recently got nationalized, so we shall see if the quality remains.
- Hammershaft 6y agoDo you have a study as a source that backs that up? I'm personally skeptical, as public transportation is weighted significantly towards ineffective demand. This also neglects the question of positive externalities attached to public transportation systems that aren't accounted for in a profit / revenue metric, such as lower property prices, more flexible labor markets, and the quality of life improvements of mixed use zoning that high use public transportation facilitate.