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https://en.m.wikipedia.org/wiki/Gordie_Howe_International_Bridge https://en.m.wikipedia.org/wiki/Gordie_Howe_International_Br... The owner tied to stop another
by RyanHamilton 3y ago
https://en.m.wikipedia.org/wiki/Gordie_Howe_International_Bridge https://en.m.wikipedia.org/wiki/Gordie_Howe_International_Br...
The owner tied to stop another bridge being built. "First proposed in the early 2000s, the project was met with prominent opposition by Ambassador Bridge owner Manuel "Matty" Moroun, who believed competition from a publicly owned bridge would reduce his revenue.". Private owner wants to maximize their income even if it means worse service for the public.
- tokai 3y agoBut thats the problem with anykind of private ownership. Why is it an issue here if not in healthcare or other sectors?
- hiatus 3y agoWho is saying it's not an issue in other sectors?
- deleted 3y ago[deleted]
- jacquesm 3y agoIt is an issue in other sectors. Private healthcare, infrastructure ownership, education and so on all have negative societal effects. They also increase the gap between poor and rich and there are feedback effects involved that work across generations.
- hackerlight 3y agoIt's an issue everywhere. Private property creates an incentive for people to weaponize democracy for their own zero-sum/negative-sum gain. For example, farming subsidies. That doesn't mean private property should be illegal. You need some private property for prosperity. It means the democratic system needs to be very carefully designed to minimize this corrupting influence.
- KittenInABox 3y agoIt is a problem in other sectors. I don't know about your education level US history, but in highschool (ages 13-17) people are generally taught that private ownership of crucial infrastructure such as oil and railroads ended up having such negative effects that it was actually good the government stepped in and broke them up. It is also why the government mandated several regulations in things like food safety and telephone services.