this post was submitted on 03 Dec 2023
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Since companies usually have an autocratic structure, i guess they are.
Note: more efficient doesn't mean better for the people or better at all. It just means that they skip a few important steps.
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.