Your whole point lacks any semblance of the reality of inequality, the reality of being poor or even middle class. The absolutely non sense idea that a private utility company would even sell you shares or that even if they did that owning some tiny amount of a company is the same as being part of a democratic process or that for profit companies can even be allowed to make choices that are counter to making profit.

I will accept that existing bureaucratic schemes and liberal democracies are lacking and we can do better but its not by privatization.