Read more history. Look up Pinochet and the "Chicago boys", read Chomsky, or if that's too dense for you than "Shock Doctrine" will cover the topic nicely.
http://en.wikipedia.org/wiki/Miracle_of_Chile

The premise of this article is stupid, and the logic is full of holes. It equates state-sanctioned capitalist monopolies with publicly owned nonprofit utilities and then proceeds to glory in how private utilities solves their fictional straw-man "problem." Privatization is regressive and only serves to make the rich richer at the expense of everyone else.

Did we already forget the lessons learned during California's manufactured energy crisis in the early 2000s?
Did we forget about Enron?
Did we forget about Pinochet?

Gee, privatization sure worked out great for other basic necessities, like the barbaric USA health care system! Basic services should not be subject to the exploitative forces of the so-called "free market" -- leave that to the gamblers on Wall Street.