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by WhaleBiologist 4816 days ago
It's a good idea in theory.

In practice a conservative government will end up selling off and privatizing the company. Subsequent governments will still act like they own it though, because that one company now controls 99% of the country's infrastructure. The share price will then stagnate forever.

Kinda damned if you do and damned if you don't.

1 comments

Can a conservative government also privatize public roads and pathways? I mean, nowadays it can be argued that broadband/communication is as important as the transportation network. It's at the core of our day to day communications. Although if public roads can be sold to be managed by private companies, then we're screwed in both situations. But I'd rather have my tax money going to pay for infrastructure and innovation than to bailout this or that bank.
There are privatized "public" roads in the US. They are called "tollways"