Seriously, don't do that. We tried nationalizing in Europe, within a capitalist framework: it just doesn't work. The TL;DR of 70 years of that experiment is th

Seriously, don't do that. We tried nationalizing in Europe, within a capitalist framework: it just doesn't work. The TL;DR of 70 years of that experiment is that the State (gov and legis) is an extremely bad steward of any business endeavor; whereas lack of competition basically means no innovation and rent situations (it becomes sort of a tax in disguise to just hike prices or keep them stable when they should decrease). Most unregulated big markets devolve into some kind of cartel after concentration, though, so that's yet another dead end after a 50-year cycle generally (telecom shows it well, TV as well, construction too). What seems to work, for now, is a sort of regulated hybrid framework: - networks and transport (of elec, data, whatever) is opened to a few companies, which can only sell access to said infrastructure to other actors, not market it to end clients. - classic "operators" thus rent infrastructure capacity to these major actors and sell it to customers. This allows very small actors to emerge (like "virtual" ISPs and telcos, we now have very small energy companies all over Europe). It's a recent development but these new startups provide great customer service and modern end/site equipment (easy to monitor, plug to some IS, etc). The infrastructure caretaker status is typically "slightly public", with a non-profit mandate to maintain the infrastructure and develop it, using influx of for-profit investments by the operators, some citizen oversight, special status by law, etc. Basically, we try to make sure it costs as little as it should (it doesn't always work, rails are in a very bad situation for instance, and the caretaker is so deep in debt it's a failure, but the oversight of that dates to 100% public times with government-appointed CEOs). TL;DR / conclusion: find the right medium between "private/unregulated" and "public/monopoly". Both are disastrous, but there are sweet spots in-between. Note that I have no idea how to pull off such change in the US, elec or telco markets are simply too entrenched / congress too corrupted it seems. We have that problem too but currently we're circumventing most democratic systems (whether citizen opinion or lawmakers corruption) by invoking the EU: “we must do it, no choice, it's EU law now”. That works most of the time and is the reason why the EU is so hated yet so quintessential. I'm not sure the Federal level would carry as much authoritarian weight in US States.