Seriously this. The success of a public service shouldn't be how much revenue is generated or shareholder value is gained. We as a society are the shareholders and deserve infrastructure that works for us. Corporations have pushed the idea that lower taxes is better, but when you have to spend more to a company to get basic necessities, you're not really coming out on top buddy.

Regan really did a number on the US. Broad privatization of public services, with all the wrong incentives in place. Which was then a vicious cycle of people hating their experience with public services -> politicians cut their funding -> service gets worse -> people hate their experience -> repeat until all your taxes have been siphoned to private entities and your govt is in shambles.

Listened to a really good podcast episode on this recently

https://citationsneeded.libsyn.com/ep-236-manufactured-austerity-and-the-media-assisted-public-private-partnership-rip-off

Nobody wants public school anymore and the private schools are booming. Source: am private school teacher