Japan seems to be doing fine with its privatized railroad system, I remain unconvinced that privatization of railroads is inherently bad
[QUOTE=Laserbeams;53100777]Japan seems to be doing fine with its privatized railroad system, I remain unconvinced that privatization of railroads is inherently bad[/QUOTE]
The industry itself does still seem to have a large level of government involvement though, along with encouragements to make competition happen.
Rail is one of those things which can be public or private, kind of like roads, (see: Sweden) but when private, you aren't gonna want it to be laissez-faires.
Which I know doesn't exactly apply to the UK, so the question would be what the hell are the relevant organizations are doing.
[QUOTE=Laserbeams;53100777]Japan seems to be doing fine with its privatized railroad system, I remain unconvinced that privatization of railroads is inherently bad[/QUOTE]
JNR weren't so much privatized (as in, given away to 3rd parties) as they were broken up into geographic regions functioning as private corporations. They all form the same trade group (JR) and there's a great deal of cooperation among them, and between them and the government. The JR Group is basically a more localized successor to JNR.
This is different from the UK where the entire system is shared among multiple entities, several of which are foreign, and none of which have any obligation to cooperate with anyone except the government... And that's not without hiccups either.
[media]https://www.youtube.com/watch?v=5KiZGRA_yCE[/media]
As someone who's dad works for amtrak and utilizes trains p often I can say they're pretty necessary from an economic standpoint but still hemorrhage money like a motherfucker themselves.
The line about privatization as ideology describes some people I know extremely well.
Sorry, you need to Log In to post a reply to this thread.
