I worry that corporations have gotten better at the art of siphoning money from such programs without delivering on the intent, making more money from repeated

I worry that corporations have gotten better at the art of siphoning money from such programs without delivering on the intent, making more money from repeated failures. I worry that there is no longer the political ability to punish big companies for their failures. At such of a point it becomes impossible to will such projects into existence. I wonder if China, in essence, has more of an ability to punish corporations due to the power concentration at the top and if this paradoxically allows for better competition between corporations that are less powerful than the politicians. Perhaps at a certain point of corruption the leadership in effect already owns everything so the agency costs from such corruption is greatly reduced.