How road privatization works in the real world.

http://www.smh.com.au/news/national/...037074486.html

<...>

The low numbers are substantially due to the NSW Government's decision to
delay changes to the surface roads, including Epping Road, until well
after the March state election.

Fearing a backlash, the Government paid $25 million to Connector
Motorways, which owns the road, to delay narrowing congested Epping Road
from three lanes to one until January.

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-----------------------------

There is no competition in the real-world privatization. It is
competition that makes privatization work the way it is advertised to
work. Instead what is presented to the people is monopoly. The contracts
for these toll roads require alternate routes to be made painful to use
or closed down. If it was really about free market, then the routes would
compete, even if both were tolled.

On Nov 29, 2:01 pm, (Brent P)
wrote:

>
> There is no competition in the real-world privatization. It is
> competition that makes privatization work the way it is advertised to
> work. Instead what is presented to the people is monopoly. The contracts
> for these toll roads require alternate routes to be made painful to use
> or closed down. If it was really about free market, then the routes would
> compete, even if both were tolled.

Many people have made that point. The companies that own the private
roads will bribe state officials to NOT maintain the public roads.

Brent P wrote:
> http://www.smh.com.au/news/national/...037074486.html
>
> <...>
>
> The low numbers are substantially due to the NSW Government's decision to
> delay changes to the surface roads, including Epping Road, until well
> after the March state election.
>
> Fearing a backlash, the Government paid $25 million to Connector
> Motorways, which owns the road, to delay narrowing congested Epping Road
> from three lanes to one until January.
>
> <...>
>
> -----------------------------
>
> There is no competition in the real-world privatization. It is
> competition that makes privatization work the way it is advertised to
> work. Instead what is presented to the people is monopoly. The contracts
> for these toll roads require alternate routes to be made painful to use
> or closed down. If it was really about free market, then the routes would
> compete, even if both were tolled.

I agree. Privatization without allowing competition isn't real
privatization.

<*Hic*> Speeders & Drunk Drivers are MURDERERS <*Hic*> says:

> Many people have made that point. The companies that own the private
> roads will bribe state officials to NOT maintain the public roads.

<*Hic*> What's a little graft <*Hic*> among friends? <*YURP!*> Oh,
excuse me!

And one <*Hic*> other thing: The Senate wands <*Hic*> to know: <*Hic*>
Have you <*Hic*> ever driven a <*Hic*> car faster than the <*Hic*>
posted speed limit <*Hic*>???

Ted "Chappaqqidic<*Hic*>" Kennedy