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Re: Why don't Americans ride trains? - An oldie but goodie
Author: Max Wyss
Date: 01-11-2015 - 01:29
There is a short term for what is suggested in this message:
Privatizing Profits, Socializing Losses
That's about the core of "neo-liberalism". That way of thinking brought us the bank crisis in 2008. That way of thinking is the reason why the USAn (road) infrastructure is in such a "good" shape. That way of thinking is the reason why the USAn education system is in such a shambles. and so on, and so on…
About external costs… one can always discuss on the level of external cost. But denying external cost shows very little understanding of the matter…
Privatizing Profits, Socializing Losses
That's about the core of "neo-liberalism". That way of thinking brought us the bank crisis in 2008. That way of thinking is the reason why the USAn (road) infrastructure is in such a "good" shape. That way of thinking is the reason why the USAn education system is in such a shambles. and so on, and so on…
About external costs… one can always discuss on the level of external cost. But denying external cost shows very little understanding of the matter…
