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They aren't, and I'm sick of being told they are (lemmy.world)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 11 months ago

because the private company should create as much profit for the owners as possible - it has to be as lean / efficient as possible.

Yeah but no. It would be if the owner/shareholders weren't skimming of the top. The process may be lean but the pricing is designed to maximize and take as much as the market will bear. Which undoes the benefit the efficiency could bring to a public service.