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Timothy Garton Ash: 'We Europeans became lazy and hubristic'
(english.elpais.com)
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Yes, that is all true and I agree but even in the areas where they don't have a particular financial interest in privatisation they tend to keep things the same, often because an existing industry buys the politician and the indstury is artificially propped up with subsidies and "too big to fail" style rescues or warnings about "job losses" if the industry isn't saved. Alternatively the conservatives want to keep things the same because they invoke images of a past where "everything was better" that work well on the type of older people who can't distinguish between the things that got worse because they got old and the things that got worse because anything in society is different now.