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by asdff
1459 days ago
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The problem is that basic infrastructure is never economical. Say you live in the midwest and your house is only worth $40k. If we looked at everything from a neoliberal market theory angle, the city would never ever rebuild the roads or sewers in this neighborhood, because that would cost millions of dollars to serve a couple hundred thousand dollars of property value for individuals who aren't making more than a couple tens of thousands a year, and they might as well live in mud brick huts because that's about the only way you can turn a profit while building infrastructure with these paltry tax revenues you can collect. This is why we have public services versus anarchy and privatization (the neoliberal paradise), because necessary things for everyone are not always going to turn a profit. |
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