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Australia is a live example of the fact that they're not. The state and federal governments have privatised a crap load of services and all they do is continue to hike our bills while providing less and less service. Electricity, water supply, employment services and more are now an absolute joke here.
Yep because what's more important than efficient, cost effective services? Spoiler, it's profit.
Profit for their mates and fellow shareholders, not profit for the country either.
Not to mention the state of ISPs in Australia. I believe you pay more for less than almost every country. Two exceptions being the US and Canada.
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