Ok, I'll bite.
The privatized internet has failed us...compared to what?
There's two prime examples of a publicly owned internet in the world today. One is run by the CCP and is sardonically known as the Great Firewall of China. The other is the state-run intranet of North Korea.
Do we really think that these are desirable alternatives to a privately run and distributed internet where unfortunately some people say and do crazy things, and some internet providers happen to have geographical monopolies that really have nothing to do with the internet in the first place but local protectionism?
Come on.