Deutsche Bahn’s once-admired service has descended into chaos. Whether decades of poor investment or the company’s unusual structure is to blame, it’s a huge headache for a coalition trying to meet climate goals
You want to put pressure on these things to make them more cost effecient. You're in a capitalist system which does that job very well. But since this is not really a replaceable company, the government has to own these companies until they go public.
Right? When did we start becoming concerned with a public service being "profitable"? I've heard this applied to the US Postal Service a lot recently.
Yet nobody ever expects the road system to turn a profit. Why should trains be any different?
I first remember it becoming an issue when a failed businessman turned president wanted to run the country like one of his failed businesses.
You want to put pressure on these things to make them more cost effecient. You're in a capitalist system which does that job very well. But since this is not really a replaceable company, the government has to own these companies until they go public.