| ▲ | jabl 7 hours ago | |||||||||||||||||||||||||||||||||||||
> China also has nationalized rail systems. The major reason for the failure in the US is that the rail lines are not publicly owned. The article we're discussing explains that Japan has the best passenger rail system in the world, and which happens to be privatized, along with privately owned track. So which one is it? Go figure. | ||||||||||||||||||||||||||||||||||||||
| ▲ | Philpax 5 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||
While I agree with you, their system did not start privatised, and the Shinkansens predate privatisation by some time. I don't have the evidence to justify this, but I suspect that you need national buy-in - both financially and politically - to start a HSR build-out, which could then potentially be privatised at a later stage. | ||||||||||||||||||||||||||||||||||||||
| ▲ | Tor3 6 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||
I believe the Japanese private rail companies also own the lines where their traffic is. This would explain a lot. There are other countries (including my native one) where the trains are run by one company and the lines are owned by another. This does.not.work. For what seems like obvious reasons. There's no economic gain for the owner of the infrastructure to spend money, quite the opposite in fact. | ||||||||||||||||||||||||||||||||||||||
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| ▲ | floatrock an hour ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||
Calling Japan Rail privatized is a "ehhh, kinda, in some places, if you squint" kinda thing. Technically, yes, the JR's are private companies. But track construction is generally done by a government construction company financed with Japanese sovereign debt. The completed tracks are then long-term leased to the JR's at favorable rates. Is it really a private company if the key capital outlay is done by the government and given to you with a sweetheart deal? ehhhhhh.... you can call the operator company private, but you're being dishonest if you call the system privatized. | ||||||||||||||||||||||||||||||||||||||