Ive long been a proponent of a strong welfare state and public ownership of certain core services to provide a stable platform to build a society on. Here https://www.rosalux.de/en/news/id/53917/britains-railway-privatization-was-an-abject-failure I found a great description of one of my biggest gripes with privatization of essential public services: […] railways are a public service that cannot fail — hence, introducing private interests into the railways is merely a way to sequester income into private hands while the state shoulders the financial risk. In other words, private interests’ role is simply to extract profit that could otherwise be reinvested into the system.