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knb comments on Open thread, August 19-25, 2013 - Less Wrong Discussion
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Many of the private passenger rail companies were losing money before they were nationalized, but that was under heavy regulation and price controls. The freight rail companies were losing money before they were deregulated as well. These days they are quite profitable.
A lot of the old right-of-way has been lost so they would certainly need government help to overcome the tragedy-of-the-anticommons problem.
You mean the problem that someone isn't going to be willing to sell their property? Eminent domain is certainly necessary. I'm just wondering if it's sufficient.