Private companies were able to build an entire network of railways in the US. But now, with all the new technology the modern world is able to offer, both companies and government struggle to build even a single railway. how is this even possible?

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Private companies were able to build an entire network of railways in the US. But now, with all the new technology the modern world is able to offer, both companies and government struggle to build even a single railway. how is this even possible?

In: Economics

7 Answers

Anonymous 0 Comments

It’s possible, and it does happen. But the politics and economics have shifted, because there’s a lot less demand for new rails (in part because so many are already in place, and there’s more competition from other forms of transit), and on the other side, there’s a lot more land being used, especially in the places you most want to lay down new track.

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