I think the anti-government everything must be privatized thing is pushed because it's an opportunity to divert large flows of money into wealthy peoples pockets. The head of a publicly run company might make as much as a sr tech bro. The head of a privatized one can divert tens of millions a year.

Same as attempts to privatize social security. You got a cash flow of $1.4T/year and it drives the lords of capital bonkers they can't get their hands on it.