(no title)
deep_merge | 3 years ago
Edit: also, there’s a history of multiple private subway companies in NYC, it didn’t work out.
1. https://www.cityandstateny.com/politics/2021/01/how-the-mta-...
deep_merge | 3 years ago
Edit: also, there’s a history of multiple private subway companies in NYC, it didn’t work out.
1. https://www.cityandstateny.com/politics/2021/01/how-the-mta-...
adam_arthur|3 years ago
Given the lack of a profit motive, a well run government needs incentive structures to motivate results towards societally good outcomes. Too bad none of the local, state, federal governments do. Would be easy to institute if the will were there though
Edit: To address your edit, the private subway systems failed after NY instituted a price cap on fares, IIRC. And inflation destroyed their profitability over time due to this.
Once the subway system was made public, development pretty much halted entirely, outside of an extension every few decades.
Subway systems are private in Japan
cmeacham98|3 years ago
Sorry, but I don't buy this guilt by association: How does the union cause a significant portion of MTA's problems?