> This sets up a crazy situation where employees of the corporations start lobbying and messing with policy and regulations so it favors the organization. How

> This sets up a crazy situation where employees of the corporations start lobbying and messing with policy and regulations so it favors the organization. How is that part crazy? It isn't ideal certainly but the same thing held for farmers, fishermen, and tradesmen back when it was cottage industry. That is fundamentally a result of representative government and them being able to vote. Everybody has interests of some sort.