The obvious fact that the operator needs to take out a profit is seldom mentioned when the benefits of privatization are proclaimed, as if efficiency benefits would accrue fully to the consumer. In their personal finances, citizens appreciate the value of asset ownership. Owning a car or home offers significant cost savings over the lifetime of the investments, and greatly benefits the citizen in the face of inflation and fluctuating rental rates. With privatization, citizens are transformed from owners to renters, and suffer a long-term equity loss that may be many times greater than the discounted sale price. Lotteries, for example, are at best a privatized form of tax collection, and at worst, a way for the corporate investors to fleece those least able to afford poor-odds gambling.
Reform is like clear-cutting.
A forest is an ecosystem, with wildlife, streams, underbrush, etc. When applied to political changes, it implies a certain set of mechanisms, not any democratic result. To be extended.