Deutsche Bahn’s once-admired service has descended into chaos. Whether decades of poor investment or the company’s unusual structure is to blame, it’s a huge headache for a coalition trying to meet climate goals
No, the postal service costs money. It’s a service. It doesn’t aim to make a profit. It costs money, and we are in turn rendered a service that is useful.
Which of course is stupid, because USPS is actually great and provides a much better and more reliable service than any private competitor even in its current underfunded state.
You want to put pressure on these things to make them more cost effecient. You’re in a capitalist system which does that job very well. But since this is not really a replaceable company, the government has to own these companies until they go public.
Infrastructure delivers more economic impact with less grifting when it’s not designed and run to make a profit on its own.
Right? When did we start becoming concerned with a public service being “profitable”? I’ve heard this applied to the US Postal Service a lot recently.
“The postal service is losing money!”
No, the postal service costs money. It’s a service. It doesn’t aim to make a profit. It costs money, and we are in turn rendered a service that is useful.
I swear people are delusional.
Conservatives want to kill the postal service because it competes with for profit services they own and invest in. See: DeJoy
Which of course is stupid, because USPS is actually great and provides a much better and more reliable service than any private competitor even in its current underfunded state.
Yet nobody ever expects the road system to turn a profit. Why should trains be any different?
I first remember it becoming an issue when a failed businessman turned president wanted to run the country like one of his failed businesses.
You want to put pressure on these things to make them more cost effecient. You’re in a capitalist system which does that job very well. But since this is not really a replaceable company, the government has to own these companies until they go public.
Exactly it’s not accumulating debt. It’s a service being provided to citizens.
Depends how you calculate profit.