Privatisation is a policy of the government created to afford individuals, corporate bodies, the opportunity to take over ownership and control of government enterprises, companies, etc.
An autocracy is a government under the control of one person who usually achieved his position by force. It is a government of an absolute ruler. The autocratic state is a form of despotic or tyrannical rule.
The autocratic state is also sometimes called the authoritarian state. it represents an attempt by the ruling classes to perpetuate their domination.