15 February 2009

Who Cares About Other Peoples' Stuff?

It's not just government that loses taxpayer money running socialist ventures, private enterprise can't make it work, either.

A popular bicycle rental scheme in Paris that has transformed travel in the city has run into problems just 18 months after its successful launch. Over half the original fleet of 15,000 specially made bicycles have disappeared, presumed stolen.

Vandalism and theft are taking their toll and the company that runs the scheme, JCDecaux, says it can no longer afford to operate the city-wide network.

Socialism is a loser, not only where a profit motive is in place, but even in a places where it might otherwise be embraced or accepted.

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