How does one make a profit? By providing a service people desire. If that is negative to you then again you are entitled to that opinion. My company invested public employees retirement money. We earned fees by doing that. Are we bad people because we provided that service? If we only cared about profit and didn't provide any service would the pension funds hire my company?
I am not talking about bad or good people.
I'll give you an example.
Once upon a time, hospital cleaners in the NHS were in-house, employees of the local NHS trust. They were responsible directly to the ward matron they were assigned to. And during that time, hospital transmitted infections such as MRSA were virtually unheard of.
Then the government at the time decided to out-source these cleaners using the argument that the private sector could provide these services more efficiently. Bids were tendered for the contracts, each of which fought to offer the lowest cost bids.
Which meant that when contracts were awarded, to make a profit, which these companies must do for their shareholders, cleaners were employed on minimum wage. They weren't part of the NHS team, were responsible to remote managers rather than ward staff and were generally casual workers.
Standards started to slip. Some wards weren't cleaned properly. In the old days, the ward matron would have picked this up and sorted it out. Under privatisation all they could do was report the failings. Eventually the contractor might lose their contract, and a new round of bids were tended for. But to win the bid, the new firms fought to offer the lowest cost bids.
etc etc etc...
And thus due to a slip in standards outbreaks of MRSA etc appeared weekly in the news.
The private sector is very good at doing what its raison d'etre is... making a profit. But profit always come first.
