I agree with everything in your comment about regulation. However, if you are implying that only companies, and not nations, can fail and be replaced, I'd disa

I agree with everything in your comment about regulation. However, if you are implying that only companies, and not nations, can fail and be replaced, I'd disagree. This has happened many times in the past. I really liked this history video on the topic, which is rooted in how the founders of the USA were very familiar with a theory about how that happens called anacyclosis and they had originally designed the constitution to avoid that, where the theory proposes that democracies tend to dissolve when a populist demagogue takes over: https://www.youtube.com/watch?v=uqsBx58GxYY https://www.youtube.com/watch?v=uqsBx58GxYY James Madison and Alexander Hamilton both very much feared that allowing the public to vote for more than members of the House of Representatives would eventually lead to the "uninformed, overly emotional public" to elect a demagogue.