Not so friendly reminder that musk specifically came up with, and pushed, for hyperloop knowing that it would never be made, as an effort to stop the development of highspeed rail in America and shift all political discussions of it because “something better is around the corner”:

As I’ve written in my book, Musk admitted to his biographer Ashlee Vance that Hyperloop was all about trying to get legislators to cancel plans for high-speed rail in California—even though he had no plans to build it. Several years ago, Musk said that public transit was “a pain in the ass” where you were surrounded by strangers, including possible serial killers, to justify his opposition.

source: new york times

Also: 2024 update, the total length of China’s high-speed rail tracks has now reached well over 45,000 km, or 28,000 miles, by the end of 2023.

They are additionally five years ahead of schedule and expect to double the total number within ten years. And, before someone inevitably complains about “how expensive it is”, they are turning over a net-profit of over $600M USD a year.

Via

  • Dead_or_Alive@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    2 months ago

    High efficiency public infrastructure doesn’t add economic value because it won’t show up on China’s domestic ledger as “profit for shareholders”. You heard it here first.

    Weird you would write that when in the first sentence of my post, I explicitly stated that public works projects don’t need to be profitable to be justified. But hey I’m glad we agree on something, it’s great to find common ground!

    Yes, we have data to argue there is an economic benefit, but DON’T TRUST IT! Everything good you read about China is a lie and everything bad you read about China is a ten times worse.

    If you choose to willingly believe everything the CCP is stating, feel free to put your money where your mouth is and invest in Chinese HSR companies. It could be a great investment opportunity for you.

    LO-fucking-L.

    In Iowa, an ongoing saga regarding a network of carbon dioxide pipelines proposed by carbon-capture companies has united predominantly conservative farmers and environmental activists on the issue of taking privately owned land for corporate gain. Despite feeling intimidated, the Averitts wouldn’t sell their 135-acre property, along with a 100-acre commercial site the family had hoped to develop. The company, Dominion Energy, ended up claiming the land anyway via eminent domain, the power to take private land for “public use,” which in recent years has been invoked with increasing frequency by oil and gas companies seeking to build new pipelines. After Dominion and its ACP partner, Duke Energy, canceled the Atlantic Coast Pipeline in July 2020, the Averitts, who had been in the process of challenging the company in court, regained control of their land, but not without a serious financial and emotional toll. Others along the ACP’s route—often rural communities that are disproportionately BIPOC, low-income, or both—have fared even worse in the aftermath of the canceled pipeline, which was going to run from West Virginia to North Carolina, and elsewhere in the country. And that’s just the modern stuff. Google “Robert Moses” if you really want to get a taste for American style private property protections.

    I once again wish to express appreciation to you for making my point for me. It is weird you would do that but hey thanks! The fact that the pipeline was tied and others were canceled because of the increased costs of eminent domain illustrates how it is more expensive to undertake major infrastructure projects in the US than it is in China.

    • UnderpantsWeevil@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      2 months ago

      I explicitly stated that public works projects don’t need to be profitable

      If I save 10 minutes on my daily commute, I claim a profit in relative time. If I can get between home and work for $5 less a day, that profits me monetarily. You can - and plenty of papers do - demonstrate the financial benefits of a high speed transit system.

      The difference between the East Asian rapid transit model and the American model is that those profits accrue primarily to the individual rather than the corporation. Claiming that Chinese/Japanese/Korean residents don’t profit from an HSR requires you to treat their time and money as valueless.

      If you choose to willingly believe everything the CCP is stating

      You need more on the table than “Don’t believe Chinese people, they’re all lying to you”. Hell, I’m not even sure what I’m not supposed to believe. You haven’t cited a source much less challenged one.

      I once again wish to express appreciation to you for making my point for me.

      Don’t trust the Chinese, because Iowa corn farmers are being sold out to the American O&G industry?

      it is more expensive to undertake major infrastructure projects in the US than it is in China.

      Why do you think that is?

      • Dead_or_Alive@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        2 months ago

        If I save 10 minutes on my daily commute, I claim a profit in relative time. If I can get between home and work for $5 less a day, that profits me monetarily. You can - and plenty of papers do - demonstrate the financial benefits of a high speed transit system.

        The difference between the East Asian rapid transit model and the American model is that those profits accrue primarily to the individual rather than the corporation. Claiming that Chinese/Japanese/Korean residents don’t profit from an HSR requires you to treat their time and money as valueless.

        Weirder and weirder…you seem intent on misquoting me and taking my statements out of context. You left off the first part of my original statement:

        Projects intended for the public good don’t need to be profitable.

        Once again thank you for agreeing with me (even if you didn’t realize it) and finding common ground.

        If you choose to willingly believe everything the CCP is stating

        You need more on the table than “Don’t believe Chinese people, they’re all lying to you”. Hell, I’m not even sure what I’m not supposed to believe. You haven’t cited a source much less challenged one.

        Yet again you seem intent on taking my statements out of context. Even with my exact words listed above… Are you just trying to invent straw man arguments?

        No where in my sentence about the CCP did I say “Don’t believe Chinese people”, THAT IS YOUR OWN QUOTE. Quite frankly its very racist.

        You can’t even cite or interpret my own text properly, why would I bother providing you with more advanced citations.

        Don’t trust the Chinese, because Iowa corn farmers are being sold out to the American O&G industry?

        I’m not even sure where to go with this racist rhetorical question. Once again I would advise not trusting the CCP, I have no qualms with the Chinese people. I’ve done direct business with Chinese business owners and in all my personal dealings they were honest and forthright.

        Why do you think that is?

        My original post covers why it is more expensive to build HSR in the US, I suggest going back and re-reading it.

        • UnderpantsWeevil@lemmy.world
          link
          fedilink
          English
          arrow-up
          0
          ·
          2 months ago

          Once again I would advise not trusting the CCP

          Is there any actual reason for this?

          Other than the obvious, of course.

          No where in my sentence about the CCP did I say “Don’t believe Chinese people”

          Do you know what the C in CCP stands for?