Earlier quoted context omitted.
maximising revenue and control from the authority it makes sense in a way
Except the streets are still littered with them. While cycling to work a while ago, i came across one parked in the middle of a segregated bike lane, in between a fence and a lane of heavy traffic. If this is the authority maximising control, i dread to think what uncontrolled use looks like.
of course, carelessness is a problem but that also happens with so-called Boris bikes (Livingstone bikes)