Rethinking the Future of Transportation
If you’re interested in some good thinking in the area of transportation, check out The Victoria Transport Policy Institute.
As I wrote to my friend Tom Konrad of AltEnergyStocks who introduced me, this is a very solid approach to the future of transportation. In an ideal world, we’d totally rethink transportation from the ground up (and down) and do something along the lines of what these folks are suggesting.
But let’s face facts: they’ll be fighting some of the most powerful vested interests on Earth. General Motors and Goodyear Tires bought up and immediately dismantled the Los Angeles trolley system 75 years ago to force people into cars; this was an extremely successful stratagem that, to this day, has resulted in near total market domination — and huge levels of profit. Only a few years ago did the transportation system out here re-install light-rail electric trains and attempt to re-introduce the concept of public transportation. Are we to think that interests like these are any less ruthless and effective today?