You may have studied economics, but I don't think you understood it.
I've studied it well enough to see that it only works in theory.
The Belgian railroad is a case in point. Obviously the railroad should go bankrupt and be restructured into something sustainable, or funds diverted into more efficient forms of transport.
Why would you waste valuable resources on something that people clearly do not see much value in, in the name of the people?
It is CRUCIAL in this country, that's why. Universities can't support all students arriving by car, nor can our roads. It would also be an environmental disaster.
This is not the United States, with roads and structured cities. Our country already is one big traffic jam...
Of course, in purely theoretic capitalist economy => screw the environment, screw the students, screw the cities. Let's just bulldoze some older parts of town for parking space. Why not some Churches, it's not as if anyone uses them? They're also being preserved by the government here, what a waste of resources.
Who made you the all knowing arbiter of human need? You're hurting the people.
You ignore the people, and are hurting them so much more....