Look at India. The Indian government has heavy regulations on businesses that supposedly protect the people. Hong Kong prospered greatly within the last 50 years. Remember, Hong Kong has no natural resources, but the government did not interfere with the economy. Maybe Hawaii should learn from this.
Privatization means competition.
Competition means one must improve in order to succeed. If there were only one car manufacturer in the world, car quality would not improve because zero competition equals no incentive to improve. Therefore, we should have competing electric companies as well as competing bus companies. This should be common sense. Unfortunately, the state government and the public unions don't recognize that basic fact.