this post was submitted on 26 May 2026
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[–] Jiral@lemmy.org 2 points 1 month ago

I think you did not get the analogy. The point was that there was a canal bubble in the US which was mostly a huge waste of effort because the technology was outdated before a network could be completed to turn useless parts into a useful network. This was neither the case for rail or road networks. Both technologies experienced bubbles and overconstruction but they yielded large networks for generations to come.