this post was submitted on 16 Mar 2024
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The question is how you define capitalist then.
I'd consider it state capitalism. A private for-profit company owns the means of production/capital but that company is government owned.
That being said though, I don't think its fair to blame Amtrak being a private company as the reason Amtrak has high prices. Amtrak is at the mercy of freight rail as Amtrak only owns 3% of the rails they operate on. They pretty much have to pay whatever the freight companies say and freight is given preference over passenger trains. Amtrak has never made a profit since its creation.
State capitalism is an oxymoron. Socialism(not Marxism which is more specific) is the collective control of the means of production, collective control includes state control, I(and I think most people) consider capitalism and socialism to be antonyms, so I don't think you can really say state control of something is anywhere near capitalism.
That is true, but I don't think anything stopped them from building their own track like Brightline is doing.