You seem to be making the assumption that the private sector isn't perfectly capable of manufacturing its own shitty incentives without the government's help.
People aren't rational and decision makers don't automatically have incentives that align with the organizations they control.
i'm not going to get into a long discussion about this as I'm sick to death of it. read some history. the joint-stock corporation has the best record of anything in human history of providing a better standard of living through voluntary means.
Comments
You seem to be making the assumption that the private sector isn't perfectly capable of manufacturing its own shitty incentives without the government's help.
People aren't rational and decision makers don't automatically have incentives that align with the organizations they control.
i'm not going to get into a long discussion about this as I'm sick to death of it. read some history. the joint-stock corporation has the best record of anything in human history of providing a better standard of living through voluntary means.