A functioning options market could accomplish all of that, but can't function as long as the eminent domain power exists. Eminent domain for private benefit is corporate welfare, and always has been.The Great Northern Railway was built without it.
Keystone pipeline, a private enterprise, would require confiscation of thousands of farms and homes. Eminent domain is a prosperity creator.
For some at the expense of others. Increasingly, it is a corrupt and unjust racket.
I have not studied history of the GNR outfit. May at the time it was built, the wild west was still pretty much uninhabited.
You’re right, the Great Northern I believe bought government land (indian land?) and sold it to settlers to finance the building of it.
I guess if highways, hospitals, etc. could do that, we wouldn’t need the use of eminent domain. Then we could just take a black pen and cross out that part of the constitution.