Rewind to circa 1992: 'From the perspective of many members of the public, it does appear to be the case that privatisation would be better than what we have now. I understand that view, as I agree that what we have at the moment is a bit of a dogs dinner.' Certainly an opinion I heard bandied around at the time.
That's the trouble - a lot of the public opinion is just 'we want it to be better'. And use of the dreaded 'n' word brings in a whole load of ideological baggage. Maybe discussing what it might look like would be more enlightening - I quite like the look of this as a starting point:
It's true what you say about public opinion, but I don't recall there being much of a demand from the public for privatisation in 1992. I don't believe that the government of the day was elected that year because they were going to privatise the railways.
When privatisation was announced, particularly with the original plans to have multiple ticket offices at station just like airlines have ticket desks at airports, and with no interavailability between operators required by law, I recall that there was a groundswell of opposition that forced these ideas to be abandoned.
Any support that there was at the time that wasn't ideologically driven was based, in my view, on the fact that previous privatisations like BT and British Gas had been regarded as a success. However, many who regarded those as a success story, like myself, shared the same misgivings as Margaret Thatcher of railway privatisation being a step too far.
Certainly, as far as I'm concerned, the form of the privatisation that was ultimately chosen was a mistake, and largely Treasury driven. I believe to this day that competition for the railways is with the car, coach, and air travel, so I would have preferred Br to have been sold off as a single entity if it had to be privatised at all. There are other models available, though, and I think that these are very worthy of discussing here rather than the old chestnut of a state run BR v Franchising.