Everything is already privatized...
Its just a monopoly to give you the color of the 'public corporation/state'
But there is no such thing as a 'public' corporation,
The capital could be publically available via stock... but that's it.
Even your State is a privately owned corporation,
Try Edgard SEC...

What is needed - within the paradigm of slavilization - is competition...
But the owner of the plantation won't let that happen easily
;)