Message from @R E P T I L E
Discord ID: 461183324925460492
While I'm certainly a capitalist, one must admittedly concede that it's an additional layer of inefficiency when such a state is governed by a democratic framework.
Agreed.
Capitalism and monarchy are fully compatible.
Minor scale road improvements can certainly be encouraged on a business level. However, large scale improvements of infrastructure are simply impossible without state direction and investment.
You're partially correct.
One of the largest bridges in the world was actually built by a private company that went bankrupt in the process.
The long term return doesn't justify the immense degree of initial and progressive investment. The level of risk it poses to a non-state entity fiscally makes it extremely uncommon and undesirable to most companies.
Which bridge?
Initially a private project which was taken over by the state government before it was finished, it was intended to have artificial islands in the middle for real estate sales which would fund the bridge.
Yeah, so it failed. Undoubtedly a cautionary tale for future private companies NOT to do such a thing.
It didn't, though.
They actually wanted it to be nationalized.
To be more clear for you--
They didn't get taken over by the state due to failure. They sold their project to the state at a profit.
I'm a corporatist.
Hi a corporatist., I'm Dad!
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