> The fact that CEOs are legally bound to maximize profits.. this is, in fact, not a fact. ceo's of corporations are hired to execute their corporate charter.

> The fact that CEOs are legally bound to maximize profits.. this is, in fact, not a fact. ceo's of corporations are hired to execute their corporate charter. with that said, many corporations do have provisions in their charters about maximizing returns for shareholders, among other provisions. but not every corporation does, and many have competing provisions in their charters. particularly over the past ~30 years, an extensive theory of finance has been developed to argue that maximizing profit is the highest and best use of a corporation, but i'm very skeptical of that claim. german corporations for example are designed to consider all three of its constituents: employees, customers and shareholders. so while i don't disagree with all of your claims about bureaucracies, i'd argue that facebook doesn't have to be turned over to the government to realize the benefits you claim.