Eniment domain doesn't appear to be the problem here lmao

It's more like

Try making a railroad when the industry has been captured by regulations written by the big players whose purpose is to erect barriers to entry for any new railroad companies that might want to start up, and reduce costs by reducing safety. Also, you need angel investors to give you billions and anyone with the means to do that is already in bed with the big boys so they're not going to give you shit.

The protagonist being in a privileged position due to government seisuze of private property is certainly an excellent point. I just feel the state exercising power in the other direction, against productive ventures instead of property owners, may be a little too in vogue these days.