Sell the Subways

The New York Sun has this to say after the recent failure of socialist transportation in NYC :

America is a country that has privately owned automobile manufacturers, freight-train companies, bus lines, telephone companies, jails, electrical utilities, nuclear plants, toll roads, universities, newspapers, banking houses, pharmaceutical companies, insurance combines, defense contractors, stock exchanges, to name but a few of the vast systems that are crucial to the functioning of our civilized society. Somehow all these privately owned systems manage to operate in the rain.

"Public goods" are nothing more than a sham.