Yes, and I cant recall any of those government projects resulting in private companies that held monopolies on any particular section of industry. The best they come are quasi-private companies, such as the US Postal service or Amtrak. The local utilities have monopolies, but certainly not valuations anywhere near Amazon's. All the rest of your examples point to markets in which nobody is able to control the medium.
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...like the railroads (alternate sections of land, US Mail), the utilities (Rural
Electrification Act), the trucking industry (the Interstate Highway System), farming
(crop subsidies, the TVA and California Water Plan), the airlines (US Mail, the Air
Traffic Control System), shipping (various port authorities, US Coast Guard)...and
finally, RCA (free perpetual radio and television frequency licenses). |
