All I have to do is give one example of a business that was made without eminent domain. The railroad system, which I brought up before.
Actually, in the U.S. at least, railroads did get lots of land grants, right-of-way rights, and similar subsidies from the government. So yeah.
Which is part of the reason I think it’s a bad idea. The railroads constantly petitioned for those rights, that money and essentially leached off the American people. That’s what rent seeking means.
Actually, in the U.S. at least, railroads did get lots of land grants, right-of-way rights, and similar subsidies from the government. So yeah.
Which is part of the reason I think it’s a bad idea. The railroads constantly petitioned for those rights, that money and essentially leached off the American people. That’s what rent seeking means.