Because they know something that capitalists forget in the last few decades, that infrastructure investments migh be not profitable in itself but pays off like nothing else in economy.
Of course, but it’s the biggest problem in neoliberalism: everything must make a profit. They are btw aware of the paradox, just look how they privatised rail in UK or Poland. USians are currently making a step further, everything must bring a profit, and thus we see their infrastructure deteriorating rapidly.
Everything must make a profit unless you are an airline corporation. Then it’s an endless cycle for going bust and getting bailed out with public wealth.
Because they know something that capitalists forget in the last few decades, that infrastructure investments migh be not profitable in itself but pays off like nothing else in economy.
Plus the fact that public infrastructure does not need to make a profit
Of course, but it’s the biggest problem in neoliberalism: everything must make a profit. They are btw aware of the paradox, just look how they privatised rail in UK or Poland. USians are currently making a step further, everything must bring a profit, and thus we see their infrastructure deteriorating rapidly.
Everything must make a profit unless you are an airline corporation. Then it’s an endless cycle for going bust and getting bailed out with public wealth.
Something something highest, monopoly stage of capitalism.