Privatisation and everything that goes along with that (eg deregulation, "small government") is nothing more than a scheme to extract money from government to private corporations. There is a revolving door of politicians and civil servants who go from overseeing and enabling privatization to the industries they privatize. It's why Ajit Pai, former FCC Commissioner, now works for Verizon.

Privatization for key services (eg public transit, health care, power generation, housing) has been an unmitigated disaster, almost without exception. It's mystifying why anyone still supports it for any reason other than self-interest.