the mythology of 'private sector is more efficient because that's how they make profit' is as silly as American Exceptionalism lol private sector don't want to be efficient, they want inefficient monopolies they can extract rent from with minimal effort, that is literally the goal of all business
Their interest in efficiency only goes as far as how quickly they can make money.
even if you imagine like the most ideal efficient competitive Trucking Company they’re going to (1) redundantly develop tech and strategies along other trucking companies and (2) compete for contracts with Train Companies this introducing systemic inefficiency
This is why competition is good, because it forces businesses not to do this, and it's why anti-trust law may need to be shored up.
Business is inherently inefficient, that's what the profit margin is, all profits are inefficiency. That before any other corporate maliese creeps in like, lazy executives or pass the blame management.
also the same people who tout this are the people who complain about Indian phone CSRs and how you can never talk to a person at the bank
Every time privatization comes up, I like to bring up Colorado Springs and that time they privatized their infrastructure, mostly because I know if it went anywhere every libertarian and small government politico would have repeated it on loop. www.politico.com/magazine/sto...
The residents of Colorado Springs undertook a radical experiment in lean government. Here’s what they got.