I dont know how is it in America, but i have voted for the Britsih side of it.

I personally think services run by the government are more effiecient than of those by the private sector. The postal system, the gas network, the telephone system, parts of the NHS(including allowing me to clean there!) amongst many others.

China's doing quite well.

Whilst privatisation has money popping out of it, the business relationships that form still perpetually become hazy, leading to poor service. Competition may drive the prices down, but it's from the price of when it was privatised as i'm sure the government, under close scrutiny of the opposition party would of maintained a liberal and just tariff to any of it's services (and probably cheaper than the cheapest privatised one in the aftermath).