I think it depends on if you're talking about expected case or worst case. In the U.S., companies will act out of their own selfish interests, but in theory th

I think it depends on if you're talking about expected case or worst case. In the U.S., companies will act out of their own selfish interests, but in theory the government can address the concerns of the citizens in areas the citizens don't have sufficient power themselves ("by the people, for the people", etc). If the government is focused on regulating the industry, the "serf" ownership model won't be transitive from the companies to the government. Hopefully the companies would act as a barrier and the government would never get them as direct minions. But obviously the government could abuse this position. Then it's a question of which one would be the purest evil given the chance.