this post was submitted on 28 Jul 2023
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[–] [email protected] 5 points 1 year ago (1 children)

England privatised its rail system

I have a dear friend from Docklands in London, who ran trains. We argue constantly about privatisation vs a government-run consolidated service like healthcare. He's adamant that a mass transit system has to be run as a separate capitalist company, that it must be cash-positive, and that's the only way to do it.

He also believes the Tube is overpriced, cramped, sweaty, and a really low value for money that is propped up by people who can't afford to drive into London nor park once they arrive, and have no other choice.

[–] HardlightCereal 7 points 1 year ago (1 children)

Fun fact: Japan has privatised rail. The reason is works in Japan is that the rail companies own the land around the stations and charge rent on it

[–] [email protected] 5 points 1 year ago

Most of the Japanese rail companies are subsidized to the hilt from mass bankruptcies and financial collapse.