4 ms·

Why does this apply to one group of people (private industry) but not the other (govt) ? Both are money-seeking.

• pjc50 9y ago
  Government doesn't exactly have shareholders. Although campaign funding is tending that way.
  • wav-part 9y ago
    Citizens may be thought as the shareholders. Anycase what does it prove ?
• lucozade 9y ago
  It applies to both. It's just the mechanisms for regulation and feedback are different. When you don't have a mechanism for regulation in government, such as democracy, you tend to get very bad government. That's not to suggest that fines or elections are particularly effective but they serve similar purposes.
  • wav-part 9y ago
    What about voters ? They are money-seeking. Who would save them from themselves ?
    • pmyteh 9y ago
      No single voter has control, so they check each other. In principle, anyway. Democracy obviously isn't a perfect system.