An interesting question (mostly for libertarians): From - TopicsExpress



          

An interesting question (mostly for libertarians): From 1938-1950, GM allegedly conspired to buy up the street cars of cities in the US to encourage autocar and oil dependency. Streetcar lines were built using funds from private investors and were required to pay numerous taxes and dividends. By contrast, new roads were constructed and maintained by the government from tax income.[44][45] Regardless of whether the conspiracy is true or not, given that roads are constructed from tax-payer money, they can hardly be considered free-market (and could even be seen as a subsidy to the oil and auto industries). Streetcars, on the other hand, were funded by private investors and were required to pay tax. Arguably, a more free-market solution than government-funded roads because they are not reliant on the tax-payer and actually provide returns. Granted this, what transportation model do libertarians suggest cities should follow? Either of the above or something else? Why do many libertarians (including the LDP) make an exception for tax-payer funded road construction when this is obviously not in line with free-market economics?
Posted on: Thu, 08 Jan 2015 00:33:43 +0000

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