• EntheoNaut@lemmy.ml
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    13 days ago

    How can private corporations use eminent domain unless it’s a nationalized government agency?

    • screaming in digital@lemmy.ml
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      13 days ago

      Governments can also delegate this power to private entities or “common carriers,” such as power and water companies, though every state has its own rules for whether and how these utilities can exercise eminent domain. In Texas, for example, the state Supreme Court has held that a project must “serve the public” and “cannot be built only for the builder’s exclusive use” in order to qualify as a common carrier.

      privatize the profit. socialize the loss.