You have it backwards. The inductance is much greater than the capacitance. But the important thing is that neither can be neglected. Without inductance, you ju

You have it backwards. The inductance is much greater than the capacitance. But the important thing is that neither can be neglected. Without inductance, you just have a bunch of capacitors in parallel. Without capacitance, you have a bunch of inductors in series. Both cases simplify to one big component. You need alternating L and C to get wavelike propagation.