Before we begin: There is no ‘The People’. There are six billion individuals with very similar needs but differing interests and desires. Sure we all need food but some want a vegan diet and others love a good burger. ‘The people’ is a meaningless undefined term, like ‘the poor’ and ‘the rich’. People vote and protest yet have not realised that this is all energy wasted, the government cannot serve 'the people', because 'the people' do not exist.
The slaves have yet to realise there is too many of them with too varying interests to be properly served.
The main news in Ireland for many months revolves around Irish Water Cronyism. It is a state company that uses tax payers money to establish itself, pay wages, possibly upgrade the water infrastructure etc. Regardless of making a profit or loss, this company can feed off the unlimited purse of the tax base. It might be a voluntary company as in consumers can opt out, but it is a monopoly so consumers will struggle to pick an alternative.
This is not privatization. This is not a private company.