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Fall 2023

ISSN 0890-913X

Volume 38, Number 3

A Transitional Gains Trap: How City-Backed Transportation Monopolies in the Early Twentieth Century Damaged Economic Mobility for the Next Hundred Years

Craig J. Richardson, Winston-Salem State University

John Railey, Winston-Salem State University

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TheJournalofPrivateEnterprise38(3),2023,25-45ATransitionalGainsTrap:HowCity-BackedTransportationMonopoliesintheEarlyTwentiethCenturyDamagedEconomicMobilityfortheNextHundredYearsCraigJ.Richardson*Winston-SalemStateUniversityUnitedStatesofAmericaJohnRaileyWinston-SalemStateUniversityUnitedStatesofAmericaAbstractAcommonexplanationforloweconomicmobilityamongthepoorpointstopublicbussystemsthathaveinconvenientaccesstojobs.Weexploretheextenttowhichthesefixed-routesystemsarealegacyofacentury-oldtransitionalgainstrap.Thetrapformedintheearly1900saslocalgovernmentssecuredlegislationtoprotectstreetcarcompaniesfromsocalledunfaircompetitionfromjitneys,thenation’sfirsttaxisofferingrapidandflexibleservice.Thepaperexamineshowallegiancetofixed-routesystemsinrailandbusrouteshamperedeconomicmobilitymorethanacenturylater.ItexaminesthecityofWinston-Salem,NorthCarolina,indetail.JELCodes:N9,N7,O1Keywords:economicmobility,transitionalgainstrap,publictransportation,regulation,economicdevelopmentI.IntroductionTheAmericandreamispredicatedontheideaofthepossibilityofupwardeconomicmobility.Formillionsofpeopleacrossgenerations,ithasbeenthereasonwhyimmigrantscontinuetocrossourborderstobetterthemselvesandsucceedinggenerations.Yetataminimum,onemustbeabletoefficientlyaccesstheplaceswhereonelives,works,andshops.Thatmaybeeasyinacompactcity,butinmostAmericancitiesthatexhibitsprawlinggrowth,theproblemis*Theauthorsthanktheanonymousrefereesfortheirhelpfulsuggestionsformakingthisabetterarticle.

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Metadata [hide]

Title	A Transitional Gains Trap: How City-Backed Transportation Monopolies in the Early Twentieth Century Damaged Economic Mobility for the Next Hundred Years
Authors/Creators:	Craig J. Richardson, Winston-Salem State University John Railey, Winston-Salem State University
Year:	2023
Volume:	38
Number:	3
Pages:	25 - 45
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	economic mobility, transitional gains trap, public transportation, regulation, economic development

Citation:
Richardson, Craig J.; Railey, John / 2023. "A Transitional Gains Trap: How City-Backed Transportation Monopolies in the Early Twentieth Century Damaged Economic Mobility for the Next Hundred Years." The Journal of Private Enterprise, 38(3): 25-45.