That is an unfair generalisation.
Privatisation of public companies can work, as is shown for example with the German energy sector.
Privatising public companies generaly is a very tricky buisness and unfortunatly attracts alot of cons and vulture trying to make a quick win on the expense of the community.
Also, when done very fast and without planing things through things can go to the shitter as seen with British rail during the 1980s.
But it can work.
Privatisation of public companies can work, as is shown for example with the German energy sector.
Privatising public companies generaly is a very tricky buisness and unfortunatly attracts alot of cons and vulture trying to make a quick win on the expense of the community.
Also, when done very fast and without planing things through things can go to the shitter as seen with British rail during the 1980s.
But it can work.

