When you include costs, "better run" takes on a whole new meaning.
But, more simply - no one is suggesting all public ownership is bad, or all private is good. There are situations where governments have just decided they aren't doing a good job running something (all things considered) and that the amount of money they'd get for selling it is a better option all things considered.
But, more simply - no one is suggesting all public ownership is bad, or all private is good. There are situations where governments have just decided they aren't doing a good job running something (all things considered) and that the amount of money they'd get for selling it is a better option all things considered.