Comment by a_bonobo
1 year ago
It's actually a different system - Japan's network was privatised and split into competing companies with all shares publicly traded (bar some exceptions), the Deutsche Bahn was privatised into a single, state-owned company. As such it is beholden to slow, non-deciding German governments, including investments into the network.
How is that privatized, then? If it’s state-owned, the only thing that changed was the legal framework that applies to the entity, none of the incentives of privatization actually applying to it.
But if it's state owned, surely it's not privatised? In what what is the ownership private if it's 100% public?