This kid just got 10k for saying rail infrastructure is failing due to a lack of maintenance. Specifically the springs at junctions. The main failing here in the US though is that rail maintenance falls to rail companies that have little financial incentive to spend the money on safety. That may be changing, however if the federal government just hands over money with inadequate oversight it will just enrich the companies.
https://www.transportation.gov/briefing-room/fact-sheet-rail-safety
The main failing here in the US though is that rail maintenance falls to rail companies that have little financial incentives to spend the money on safety. That may be changing, however if the federal government just hands over money with inadequate oversight it will just enrich the companies.
Sounds almost as if critical infrastructure should be owned by the public.
But that stinks of communism, doesn’t it… 😄
The alternative to communism is drift towards monarchy.
But that stinks of communism, doesn’t it… 😄
Sprinkle a bit of communism on that capitalism.
Paywalled link
Capitalism does not breed innovation, it steals it. Someone should do an article on how much money does the big engineering companies make from the patents filed from ideas that come out of junior science fairs.
Capitalism does not breed innovation, it steals it.
That does make me wonder though, which countries do breed the most innovation?
What’s the startup capitol of the world? How does one set of national policies stack up against another when it comes to the number of patents or successful businesses per Capita?
As much as the sentiment of your statement feels right, I wonder if the numbers back it up, or if it’s more truthiness than truth?
And to be clear, I’m really not trying to throw shade here, I’m actually curious, questioning my own preconceptions.
