Comment by n4r9
5 years ago
Governments are checked by the democratic process. And competition is not working as well as it should. There are plenty of corporate monopolies, Varsity being one of the most obvious at the present time.
5 years ago
Governments are checked by the democratic process. And competition is not working as well as it should. There are plenty of corporate monopolies, Varsity being one of the most obvious at the present time.
Neither is perfect but we can easily see that private competition works better by far by comparing the results: all the modern life products and services vs the mess that governments and governmental services are in various parts of the world.
The question is not which is more efficient, but which is more responsible with power.
Governments have incomparably more power and thus their abuses are incomparably worse: famines, pogroms, wars, asset confiscation, incarceration, murder.
Companies are controlled by the market, it's governments we need to worry about and find ways to control and regulate.
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