The most recent train derailment in Ohio is an example of an industry using “Civil War technology” with railroad companies pocketing tons of cash without re-investing their billions of dollars of earnings into improvement and safety, according to Rebekah Entralgo, Managing Editor of Inequality.org, in her latest article “The Rail Unions Warned Us. Greed is Dangerous.” The answer? Public ownership and oversight similar to untility companies.
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