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Accountability of Government Vs Corporations

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5/29/2012 1:34:45 AM
Posted: 6 years ago
If greedy people run corporations, what kind of people run governments?

"All governments suffer a recurring problem: Power attracts pathological personalities. It is not that power corrupts but that it is magnetic to the corruptible. Such people have a tendency to become drunk on violence, a condition to which they are quickly addicted." - Sci-fi author Frank Herbert.

Since the government/politicians seeks to impose their will on the population and dictate to the population what to do with their property/personal life choices whether they like it or not, they're naturally bound to attract meglomaniacal (power hungry) personalities. These are people whose job it is to be part of an organization which has a monopoly on the use of legal force/violence against all of a country's citizens. These are the people who decide how much of your property everyone must give to the state and how much of your liberties they will take away.

Such a job will obviously and inevitably attract personalities that are power hungry and love running peoples' lives on a massive scale. Why think that such people will do a good job of "protecting" us from greedy businessmen when their own greed/hunger for power is at least just as bad and dangerous? Aren't they much more likely to cave in to lobbyists and bribes instead? Hasn't this been proven to very consistently be the case? The very success and influence - and perhaps even existence - of lobbyists alone is evidence of that.

If anything, I'd trust corporations run by greedy people to treat me/benefit me more than a government run by power hungry people. Corporations can't force you to do business with them. Thus they are ultimately reliant on satisfying the customer with their products in order to maintain business. Contrast this with government, which forces you to do business with them and is thus not at all reliant on satisfying the customer with what it offers. Government has a monopoly on the use of legal violence/force and thus is not forced to care about the quality of their services as corporations are - because we the people keep doling out the cash whether we like it or not. Therefore, doesn't it make sense that corporations care more about customer satisfaction, and doesn't it make sense to say that they are automatically held more accountable for their actions than government?

Liberals are always complaining about evil corporations being held unaccountable for their actions. What they fail to grasp is that the free market automatically holds them accountable - those that bring the most satisfaction to the most people will be rewarded, and those who fail will not be. Thus customer satisfaction is in a corporations' best interest. We should be far more concerned about the unaccountability of an organization that does not need to care about keeping its "customers" satisfied because it can simply vote to extract more money from them against their will.

Government unaccountability is far more threatening to our well being than that of corporations.
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5/29/2012 2:44:56 AM
Posted: 6 years ago
Good post. I totally agree.

People villify the oil companies, who make $0.04 for every $1 in revenues, for driving up costs, and being evil greedy corporations. Usually these same people end up having an iPhone or iPad, not knowing that Apple makes $0.20 for every $1 in revenues.

And you're right, corporations are accountable, they are accountable to themselves for survival. If they don't pay workers well enough, or charge too much for their products, or waste too much on inefficiency, they go out of business.

The government can pay too much to its workers(19.50/hr for new part-time mail carrier, while the post office is losing billions every year), waste surprising amounts of money(Solyndra, 'lost' funds, interest payments on the debt), but they can't really go out of business, and WE aren't holding them accountable.
twocupcakes: 15 = 13