Comment by orwin
2 years ago
I mean, last time I looked, social security in France gave back 81€ for every 100€ invested. Swisslife (it was either 2018 or 2019) gave back the same year 67€ for every 100€. What's funny is that only 11€ went to shareholders that year, that mean that even w/o capitalists, sometimes public services are more efficient than private companies.
As I said a few comments above, it's possible for things to be run efficiently; there's just less of an incentive to do so.
In terms of this exact comparison - is this like for like? I don't understand it well enough to know.