Railways: Emergence and Development

Malcolm Abbott () and Bruce Cohen ()
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Malcolm Abbott: Stanley College

Chapter Chapter 6 in Monopoly Control, 2023, pp 117-143 from Springer

Abstract: Abstract The most substantial public sector investment in the colonial economies in the nineteenth century was in the building of the railwaysrailways. Contrary to British practice Australia’s colonial railwaysrailways were primarily financed, constructed, and operated by governments. To a large degree much of the analysis and criticism by historians and economists, as well as support for, colonial socialismcolonial socialism has centred on the impact of the governments’ construction of railwaysSouth Australiarailways in Australia during this period. Understanding the reasons for the government development of railways is therefore important to understanding the development of government ownership of Australian public utilities.

Date: 2023
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DOI: 10.1007/978-981-99-2726-5_6

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