that's wild because public libraries aren't in business to begin with. they're a public good, they exist to give the public something, not to extract profit from them.
Public libraries are funded and supported by the public though. They need attention, and if you read the other comments on this post it's almost like most of these people don't even realise that public libraries exist.
Better wording might be "to replace public libraries as a provider of free reading material in the public consciousness, leading to the reduction of funding and the loss of all the services a real public library provides, including a much wider and better source of books"