In what situation would you want to not privatise?

[Desperadoscres]

Privatizing allow me to usaly get back has much money as im spending on building new things
Why would you not privatise? I don't understand the upside of holding things directly to know if it's fully good to alway's privatize

[AgaresOaks]

The primary reason is politics. If you want to disempower the landowners, what you can do is build farms/plantations and don't privatize them. This will drive down the prices of agricultural goods (making them less profitable) and will depeasant (making the subsistence farms less profitable). Profits translate directly to wealth which translates to political power. This is helpful since early on plantations and rice farms are very construction efficient.

Similarly, if you make aristocrats build their own buildings, but sell buildings (privatize buildings) to capitalists, you can make the capitalist pounds go much further.

As a general rule, you get more money directly controlled by you if you don't privatize but more money in the economy in general if you do.

[Gaspote]

If investment pool invest in buying industries they don't invest in building some. You get more buildings if you privatize even if buildings aren't as effective as privately own, you will get more buildings overall by not privatizing.

[⎛⎝ⓛ ω ⓛ⎠⎞]

Dude , you just don`t undestand how eco works in this game. I didn`t start write and esse about how it works , but there is best tips :
interventionism - best build politics (why? let me explain)
This politics let you both natioanalise and privatizing buildings, and didn`t fk up capitalists. That all , now why that important. If you nationalise something - you get dividends in pool,and in your pocket , both , that make you build something over time what your country need , and relief your main pool of gov. money so you didn`t go in debt asap. Invest pool is very good , and sad thing is - all things that is privatized didn`t provide you such income like buindings ruled by country BUT , all buildings that own by country have debuff on mutiplier , that scales with lvl of buildings in region? so they provide LESS GOODS PRODUCE INPUT , BUT there is trick. You actually need to be effective in some type of goods , like iron , wood , steel , etc. So all you need is companies. Let`s imagine you play as GB or Russia or France , first of all you need to rush build 3 in block so you can get best company that can own steel , glass , and tools. So how you make that that`s company own all of your factories? Yep , right , just NATIONALISE ALL OF THEM , and then , start privatizing them ( didn`t forget to cancel all agreement that allow other country build in you , they just buy all of it from you, instead of your company). So now all of your buildings apply juicy bonus from companies that can grow production input by 100-150% if you try harder , so that buildings provide you even more money in pool, and start build even more. (didn`t forget to nationalise this buildings from independent investors over time, that buy it too , so your companies can buy it anyways). Privatizing all buildings without situiation control is horrible , your country never be rich , never ever pick something instead of interventionism.