Honestly. I think private companies can have a place in public infra, but it’s not in the freaking ownership. Rent seeking is the worst and most destructive aspect of private ownership and we’ve known and can look at countless example of that since Adam Smith!
Private companies should be allowed to build their own infrastructure or rent public infrastructure. But they shouldn’t be allowed to purchase public infrastructure. Imo
Be nice if Chicago had the same attitude towards our highways ):
Honestly. I think private companies can have a place in public infra, but it’s not in the freaking ownership. Rent seeking is the worst and most destructive aspect of private ownership and we’ve known and can look at countless example of that since Adam Smith!
Private companies should be allowed to build their own infrastructure or rent public infrastructure. But they shouldn’t be allowed to purchase public infrastructure. Imo