>> |
03/04/12(Sun)08:37 No.1946819By
all means privatise the construction, maintenance, and everything else
you can. By all means have tolls. But privatising the road entirely will
simply allow the owner to extract monopoly rents, which aren't in any
way economically efficient. Unless there's a substitute toll road
running alongside it owned by a competing operator anyway...
This
is an example of people missing the point of privization, which is
COMPETITION. If you don't have competation then a private monopoly will
usually be even worse than a public one. |