Regarding trains: both their cost *and* the value of the service they deliver are extremely variable. It's just a matter of lining them up.
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So, let's modernize existing rail systems to cut down wasteful costs and bring in more passengers, then privatize it when it's profitable
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As a train enthusiast, I agree. As an amateur economist I can't. Services become profitable when people want them, not want when profitable.
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And people want them when they can get more value from them, thus: increase value -> more people want it -> profit
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Over in Boston, commuter rail trains are often overcrowded: demand is much higher than supply!
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All things being equal, in completely uncoerced circumstances where people can buy whatever transport they desire, they don't choose rail.
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If you wanna see all things being equal, people buying whatever transport they like, look at the Tokaido, where they choose rail
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Great, I wish you well.
End of conversation
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