Chapter
Railways as a Business vs Utility
14:34 - 19:45 (05:11)
The difference in perception of railways as a business versus a utility between the US and Europe is discussed, with comparisons made to the hospital system. Public services should not be run like a business, as businesses don't take on less profitable lines and cut entire communities off from transportation.
Clips
The public's perception of railways as a utility versus any other company is vastly different in the US than in Europe.
14:34 - 16:47 (02:13)
Summary
The public's perception of railways as a utility versus any other company is vastly different in the US than in Europe.
ChapterRailways as a Business vs Utility
EpisodeCROSS POST with WORK STOPPAGE POD | Shop Floor Discussion 6 - National Rail Strike w/Justin Roczniak
PodcastWell There‘s Your Problem
The M-TRAC system was presented to Richard Nixon by McKinsey & Company, but the Nixon administration cut it by two thirds.
16:47 - 18:44 (01:56)
Summary
The M-TRAC system was presented to Richard Nixon by McKinsey & Company, but the Nixon administration cut it by two thirds. Despite the involvement of McKinsey, the second CEO of M-TRAC kicked all McKinsey consultants to the basement and fired them later on.
ChapterRailways as a Business vs Utility
EpisodeCROSS POST with WORK STOPPAGE POD | Shop Floor Discussion 6 - National Rail Strike w/Justin Roczniak
PodcastWell There‘s Your Problem
The episode discusses the impact of the profit-oriented approach on public services such as healthcare in the US and how businesses apply demarketing by shedding entire categories of traffic to maximize profits.
18:44 - 19:45 (01:01)
Summary
The episode discusses the impact of the profit-oriented approach on public services such as healthcare in the US and how businesses apply demarketing by shedding entire categories of traffic to maximize profits.