▁the ▁sale ▁to ▁gain ▁personally . ▁ ▁Account ability : ▁the ▁public ▁has ▁less ▁control ▁and ▁o vers ight ▁of ▁private ▁companies . ▁ ▁Civil - li ber ty ▁concerns : ▁a ▁dem ocrat ically ▁elected ▁government ▁is ▁account able ▁to ▁the ▁people ▁through ▁a ▁parliament , ▁and ▁can ▁interven e ▁when ▁civil ▁libert ies ▁are ▁threatened . ▁ ▁Go als : ▁the ▁government ▁may ▁seek ▁to ▁use ▁state ▁companies ▁as ▁instruments ▁to ▁further ▁social ▁goals ▁for ▁the ▁benefit ▁of ▁the ▁nation ▁as ▁a ▁whole . ▁ ▁Capital : ▁govern ments ▁can ▁raise ▁money ▁in ▁the ▁financial ▁mark ets ▁most ▁cheap ly ▁to ▁re - l end ▁to ▁state - owned ▁enter pr ises . ▁ ▁C uts ▁in ▁essential ▁services : ▁if ▁a ▁government - owned ▁company ▁providing ▁an ▁essential ▁service ▁( such ▁as ▁the ▁water ▁supply ) ▁to ▁all ▁citizens ▁is ▁priv at ized , ▁its ▁new ▁owner ( s ) ▁could ▁lead ▁to ▁the ▁abandon ing ▁of ▁the ▁social ▁oblig ation ▁to ▁those ▁who ▁are ▁less ▁able ▁to ▁pay , ▁or ▁to ▁regions ▁where ▁this ▁service ▁is ▁un prof itable . ▁ ▁Natural ▁mon opol ies : ▁priv at ization ▁will ▁not ▁result ▁in ▁true ▁competition ▁if ▁a ▁natural ▁mon opol y ▁exists . ▁ ▁Con cent r ation ▁of ▁wealth : ▁prof its ▁from ▁successful ▁enter pr ises ▁end ▁up ▁in ▁private , ▁often ▁foreign , ▁hands ▁instead ▁of ▁being ▁available ▁for ▁the ▁common ▁good . ▁ ▁Political ▁influence : ▁govern ments ▁may ▁more ▁easily ▁ex ert ▁pressure ▁on