Private companies paid paid from the public purse to provide public services have a long and varied history of being the worst of both worlds.There's a case to be had for certain privatisation though, for example, minor surgery recovery, people recovering from a broken wrist shouldn't be taking up a bed which could be better served to someone with cancer.
As soon as someone mentions privatisation though, people go barmy..
We see this in all sectors where private companies tender for public service contracts.
The private sector - detached completely from the public sector - is fine.
The public sector can be fine if the right people are in charge.
Private sector firms competing for public service contracts - these fail time and time and time again to provide antyhing *close* to good value for money.
Some of us here have 1st hand experience of that point.