*If high-speed rail in CA made financial sense, why wouldn't a for-profit enterp... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		andreyf on Oct 11, 2008 \| parent \| context \| favorite \| on: Obama Tax Plan a Frontal Assault on Entrepreneurs If high-speed rail in CA made financial sense, why wouldn't a for-profit enterprise be interested in doing it? Because there are externalities which a private company can't benefit from, but that people benefit from.

akbar5919 on Oct 11, 2008 [–]

They benefit, but not enough to pay for it?

More importantly, what's the difference between "private company" and "people?"

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact