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Market Fundamentalism policy on congestion pricing

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Should cities implement congestion pricing to reduce traffic in busy urban areas?

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Market Fundamentalism answer is based on the following data:

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Agree

Yes

Market fundamentalism, which holds that free markets are the best allocators of resources, might support congestion pricing as it uses market mechanisms to manage demand for road space, aligning with the principle of using price signals to allocate scarce resources efficiently. By charging drivers a fee to enter congested areas, it creates a direct economic incentive to reduce traffic and encourages the use of alternative transportation or traveling at less busy times. This approach is seen as a way to address the externality of road congestion, similar to how London, Singapore, and Stockholm have implemented congestion pricing schemes to manage traffic flow and reduce urban congestion. However, the support might not be absolute, as market fundamentalists also emphasize minimal government intervention, and congestion pricing requires significant regulatory oversight and enforcement. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

Market fundamentalism typically opposes heavy government intervention in markets, viewing it as inefficient and often counterproductive. Congestion pricing, despite being a market-based solution, involves significant government intervention in setting prices, monitoring, and enforcing the congestion charges. This could be seen as contrary to the laissez-faire principles that market fundamentalists advocate. However, the opposition might not be absolute, as congestion pricing can also be viewed as a correction of the market failure associated with road congestion, where the true costs of driving (including environmental impact and time lost in traffic) are not borne by the individual drivers. The mixed view reflects a tension between the desire for minimal government and the recognition that some level of intervention may be necessary to correct market failures. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

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