Post-Soviet Transit: How Free Market Competition Can Ruin A City

All these nice things we have are the result of a tough competition between their makers striving to create the best product at the best price. But the world is complicated, and while in most cases competition leads to prosperity and wealth, there are areas where it can lead to a disastrous decline. This happened with public transport in Russia and other Post-Soviet countries on their transition to the free market economy: great public transit systems were destroyed in a span of a few years, losing to brisk and flexible marshrutkas, the worse public transportation experience! Voice-over: Grant Bolton Support me: or