[ExI] Americans are poor drivers

Dan dan_ust at yahoo.com
Wed Jul 8 13:40:04 UTC 2009

--- On Wed, 7/8/09, Stathis Papaioannou <stathisp at gmail.com> wrote:
> 2009/7/8 Rafal Smigrodzki <rafal.smigrodzki at gmail.com>:
>> Yet, if there is one owner of roads, Mr John D Public
>> (the D stands
>> for dumb), there is no real incentive for
>> technological progress, for
>> increased efficiency, because Mr Public can always
>> take some more of
>> your money or time to cover any of his stupidities. A
>> competitive
>> private owner would have to attract you with speed,
>> comfort, safety
>> and low prices - he wouldn't put idiotic, blinking red
>> obstacles in your path.
> So what would you do if you were a shareholder in a company
> which
> owned the roads? Assume these are a special class of shares
> which
> cannot be traded, but which give you voting rights and the
> rights to
> any dividends generated or costs incurred.

How does this [your road company where you have only voting rights, but no other rights -- including no right to exit] differ from a government?  It seems you believe that the difference between a free market road system and a government one is merely the labels applied.




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