US rail network was created by the US government giving gigantic land grants and loans to railroads and used their army and influence to make sure nobody could stop them.
> they stopped producing stuff that works.
No they reluctantly nationalized a broken industry well past its profitable time and then refused to invest anything into it.
Any development needs investment. If you nationalize and don't invest, of course you will not produce anything new.
While when you nationalize and you do, you might produce something new, just like in private industry.
The technology behind high speed trains literally came from British Rail technology development center and was then used by Japan. Both done by government.
I don't understand why on HN the debate between public and private has so cliche and on a level of 3rd graders. Its obviously way more complex than that in the real world.
+1 "I don't understand why on HN the debate between public and private has so cliche and on a level of 3rd graders. Its obviously way more complex than that in the real world."
This was a topic I wrote papers about in middle school and HS.
> they stopped producing stuff that works.
No they reluctantly nationalized a broken industry well past its profitable time and then refused to invest anything into it.
Any development needs investment. If you nationalize and don't invest, of course you will not produce anything new.
While when you nationalize and you do, you might produce something new, just like in private industry.
The technology behind high speed trains literally came from British Rail technology development center and was then used by Japan. Both done by government.
I don't understand why on HN the debate between public and private has so cliche and on a level of 3rd graders. Its obviously way more complex than that in the real world.
This was a topic I wrote papers about in middle school and HS.