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cogman10 • today at 4:57 PM • 0 replies • view on HN

Japan is very much an oddball in terms of capitalist nations. They are basically the only highly capitalist nation where corporations still put a high value on delivering high quality services and products at reasonable prices. They haven't yet ran into the vulture capitalist problems every other nation has. There's nothing stopping that from happening other than cultural values AFAIK.

Britain and the US are both good examples where privatization of the rail systems has been a complete mess. The US being the worst public transit rail system of any developed nation.