[mort96]

The under-investment stems from the neoliberal idea that it should be run at a profit and that competition will make everything super efficient.

[stefanlindbohm]

The under-investment is predominantly in infrastructure, which is owned by states or regions and not under any competition.

[mort96]

And this under-investment stems from the neoliberal idea that transport should run at a profit rather than be treated as a service that has a cost.