this post was submitted on 03 Dec 2023
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Making money for shareholders
at the expense of everybody else
Government famously failing to deliver infrastructure.
That was definitely sarcastic. OP posted a very anti-private industry meme, I doubt they are like, "except roads, though, I love toll roads."
It was sarcastic to be clear.
I just did a quick google of ‘major private infrastructure projects with cost blow outs’ and lo and behold there were thousands of examples.
Gotta say, I agree with your main point... But that is kinda the thing people point at when saying the government is inefficient. The large parts of the US infrastructure is decades past it's expected lifespan, and the US government is not allocating enough funds to fix it quickly enough.
That's exactly it, though. All that infrastructure got built when the government would directly build infrastructure. The Interstate System, the Transcontinental Railroad, these got built because the government got them done. It's only since the birth of neoliberalism during Carter's presidency, and supercharged during Reagan's, where infrastructure only gets done through public private partnerships that things stopped being built.