Efficiency can be a problem in and of itself. Efficiency is a fine enough goal, though too often companies pursue it to the point that other important values li

Efficiency can be a problem in and of itself. Efficiency is a fine enough goal, though too often companies pursue it to the point that other important values like safety, resiliency, and long-term stability fall by the wayside. They'll also pursue efficiency by externalizing costs and risks to other parties. That's basically what you see in the rail shipping industry [1]. Companies will naturally pursue effiency. Nationalizing a company may be going too far, but we need something else (i.e., government) to pressure them to maintain other values too. [1] https://www.propublica.org/article/train-derailment-long-trains https://www.propublica.org/article/train-derailment-long-tra...