I won't entirely advocate for one side or the other. I believe the
solution lies between the two extremes. I will promote private
enterprise taking over all industry verticles, however, the goverment
will need to establish the proper system of regulation in order to
maintain private enterprise mainatins certain minimums and so that the
rules of the given industry protect the general population and that
the companies in a given industry create benefits to the national
economy while seeking their profit. In this way the governement is
not in any given industry, but is responsible for the rule making and
regulation of many industries.
At this point, one should ask if the government should require a
governing body made of the private enterprise representatives to self
enforce. They could meet with the goverment bodies in order to
discuss changes to the existing regulation while presenting reports on
the success of their industries enforcement. They can present their
industry health and the benefit their industry has brought about
measured by economic and social.