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I don’t think it’s as black and white as that. The original railways in the US and in most of Europe were developed privately AFAIK - then in many cases the inf
by derriz 5y ago
I don’t think it’s as black and white as that. The original railways in the US and in most of Europe were developed privately AFAIK - then in many cases the infrastructure was later nationalized - and in some cases subsequently privatized! More recently much of the mobile telecoms infrastructure was developed privately. Earlier it seems that much of the fixed line network globally was developed publicly.
- fransje26 5y agoThe original railways in the US were giving outrageous rights and huge stretches of land, which quickly led to monopolies and cartel formations. That resulted in the first anti-trust laws in the US. On top of that, the current dire state of railways in the US can be directly linked to the fact that they are privatized. Similarly, the early tracks in Europe were also often privately funded. Most were nationalized in the first half of the 20th century. Some countries tried privatizing tracks again (the UK, the Netherlands, Germany, ..) but quickly found out it didn't work.