ManusJustus said:
I want some of whatever it is you've been smoking. Okay, so lets say the economy needs a paved road to transport goods from Salt Lake City to St. George, Utah. How does this road get built in your imaginary world? http://www.economist.com/research/economics/alphabetic.cfm?term=marketfailure#marketfailure In the real world (read link above), the private market would be unable to build a road, all there would be is a dirt trail. Thats why the government has to tax people, then use taxes to fund such public goods like defense, roads, justice, and so forth. There is a reason that there were no paved roads built between the fall of the Roman Empire and the Age of Industrialization. |
Er. Wouldn't that be that there was a lack of demand for paved roads?
The paved roads in the Roman era were created for the foot based Army to travel around.
The reason their wasn't any roads between then and the Age of Industrialzation was because their wasn't a GIANT empire that needed to be maintained by a small centralized force.
Once the Industrial revolution started... people as a whole got a lot richer and more productive and everybody was creating more exportable goods... which meant a lot more travel on roads... which meant... we need paved roads. Before then, there wasn't enough demand to have paved roads.
Aside from which... the paved roads that popped up during the Industrial revolution were in fact... private toll roads. The Turnpike Trust system of the UK was a privately run operation. These showed up due to the local governments inability to maintain the roads the romans gave them. The parliment would remove control of the local roads from the local parishes and give the rights to a private company.
Ironically they failed because of the government getting more and more involved.