What's better Private owned or Public?

The Amtrak crash in Philadelphia (2015) has made me contemplate if it matters if a business is privately owned or publicly owned. In the condition of the Amtrak trains being owned by the government (private owned, public traded); is a combination of a business being partial private and public better? Amtrak crashes are continually even this year in Oklahoma and in Montana. Crashes are unintellectual and accidental; the question is what can be done for better service and safety for passengers? The solution in the year 2015 was positive train control which can slow down trains as a safety precaution for collisions. Lobbying was a conflict that did not solve the problem of train safety and development in that year by removing funding. I remember an illustration in class about privately owned farms doing better than a public farm because the private invested more and took better care of their livestock. Therefore, do business do better being owned public or private? The end result in my opinion should be a focus of investing more in infrastructure and safety. The Bible speaks of everyone that God has blessed with wealth, possessions (private or public) to enjoy them and rejoice in their toil because it is a gift of God (Ecclesiastes 5:19). Therefore, whatever we have business, property, finance; God calls us to seek to enjoy it. But it encourages us to toil to work for the betterment of what we have so that we can genuinely enjoy it and see the fruit of our labor.