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The rest of the world should privatize,
completely privatize,
all trackage, signals, and facilities should be auctioned to the private sector.
None of this "Network Rail" bullshit. The operators will be private, and they will build and maintain their own ROW (and buy it too).
No eminent domain, no public grants of ROW, no public monopoly support. You homestead or buy every foot on the open market.