this post was submitted on 03 Dec 2023
1274 points (91.6% liked)

Memes

45886 readers
1169 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 5 points 1 year ago (1 children)

People forget that 'efficient' in a capitalist sense means that all resources are used. So when you privatize security, prisons, public transport, etc. guess what happens: those companies try to extract as much value as possible and do as little as possible. Because that is what capitalist efficiency is.

[โ€“] [email protected] 1 points 1 year ago

That's any service where the service provider has the customer over a barrel.