While this is true, to some extent, it also implies that "being inefficient" is necessarily bad. Optimizing for efficiency has led to some of the worst problem

While this is true, to some extent, it also implies that "being inefficient" is necessarily bad. Optimizing for efficiency has led to some of the worst problems we've seen in recent years. Just off the top of my head, "lean staffing", which is an abusive management practice, and the inability to comfortably withstand shocks to the system, as we saw when COVID hit.