Yeah, this framing was taken in a piece a few years ago about the failure to revitalize a rail project [1] in New York, which ultimately pinned the blame on tipping the balance too far in favor of private property rights. A single person/holdout can grind a project valuable to millions to a halt. It's the most compelling explanation I've read.
In short, if private property has absolute veto power, you can never get big public projects done. (This is why eminent domain exists) There's a balance between private property rights & public good; in the times of great public works, the public good was given more sway, while recently private property rights have been given more (and stifled public works).
In short, if private property has absolute veto power, you can never get big public projects done. (This is why eminent domain exists) There's a balance between private property rights & public good; in the times of great public works, the public good was given more sway, while recently private property rights have been given more (and stifled public works).
[1]: I think it was https://www.nytimes.com/2017/12/28/nyregion/new-york-subway-...