Privatizing the Infrastructure
2014-03-04
One thing that most foreigners are surprised when the visit Japan is the public transportation infrastructure. Unlike other countries including the US, most of the transpiration infrastructure in Japan are owned and operated by corporations not government.
The largest rail used to be called Japan National Railway (JNR) was privatized back in March 1987. Since then, no annual strike, no yearly rate hike, no government subsidization.
Post Office was privatized as well in Japan. People in the US think the public transpiration and postal services must be run by the government … think again. It might save everyone money and improve the service.