• JasSmith@kbin.social
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    1 year ago

    I agree that it’s not a literal translation, but many terms are not literal. I work in the shipping industry and the term is well used internationally. It’s taught in business schools and well documented. I think sometimes there are many terms for domain specific knowledge which aren’t clear at first for people who aren’t educated or involved in the field. I certainly don’t hold it against you. I am only offering my experienced perspective.

    U.S. railway infrastructure is poor. Still, most towns don’t have sufficient populations to justify commercial railway lines. Europe’s railway infrastructure is often run at a loss. There is an argument to be made about imputed negative externalities, but this should be done with both eyes open. It would be very expensive to expand rail in the U.S., and even if hundreds of billions were permanently allocated, most towns would still not have rail access.

    I’m not being a fatalist about this. EV trucks are on the way and will be viable eventually. I have faith in capitalism and the technological progress it provides. We’re just not there yet.