Universities also privatize science through patents and IP. Research publications privatize research by bundling and charging exorbitant fees for journals and proceedings. Our generation doesn't have a NASA or Bell Labs. The closest thing to those outfits are vanity projects from billionaires... SpaceX, etc.
The only reason we have a shot at affordable commercial spaceflight, as well as an eventual affordable journey to Mars, is because of that vanity project. If it was left up to the public sector alone, I don't think we'll be able to go to Mars in 20 or 30 years. But this hasn't really changed. Even in NASA's hey day space missions weren't government-only projects - The space capsules and Saturn V were built by contrac…
I realize that they are creating demand for millions and millions of cells, but cell phones, tablets and laptops have been doing that for a decade now.