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The Auto Industry’s Capitalism: Why America Has No Bullet Trains
High-speed trains were rendered obsolete in 1958– and there comes the Interstate Highway System. Instead of investing in bullet trains, America promotes auto-dependent development that essentially outsources a major cost to fuel. As America’s population kept on growing so does the infrastructures needed to house all the vehicles produced by the auto industry. As the auto industry’s capitalism grew the possibility of investing in bullet trains kept on receding.
And now as America struggles with oil dependency and environmental problems, plus the fact that they have traffic problems (causing them to be dependent on airways). It’s now a heated discussion as to why America does not have bullet trains and if it will ever have one in the future. Due to this America’s misconception of High-speed railways had been a heated discussion.
In this video, we will discuss how the auto industry’s capitalism could be the reason why America will never be able to invest in High-speed railways. And whether America would be better with bullet trains.
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