The profitable part, the actual rolling stock leasing companies, are not being nationalised though.
Ah okay, was wondering where the rug pull was. Thanks!
Yeah these shouldn't be nationalized.
Instead, the new nationalized companies should buy their own stock, or lease on longer term and cheaper contracts.
Rolling stock companies only exist because there's no point buying a train that lasts decades, if you only get a contract for 3 years.
Yea if state companies act like private ones then what's the point? The point of nationalizing rail is to allow it to run "losses" (economic stimulus for the people)
the ticket price can be set to zero if the Government desires, obviously this may result in high demand and tickets selling out quick so a non-zero but low price would be better. the ticket pricing should instead be seen as a way to reduce excess demand deter people from taking unnecessary train rides, not to generate revenues.
This doesn't have to be done through pricing. Distance/stop/trip quotas (a form of rationing) also works in some cases.
unfortunately, the Government sees ticket revenue as a way to get a surplus on the income statement.
The point of nationalizing rail is
It has been looted, the taxpayers can have it back!
Skeptical but okay... whatever floats your boat
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