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I am not sure if you are kidding, but the serious answer is that politicians who can stay in power without limits (witness Putin now) tend to rearrange the poli
by omonra 12y ago
I am not sure if you are kidding, but the serious answer is that politicians who can stay in power without limits (witness Putin now) tend to rearrange the political process of their country with sole purpose of never leaving their post. Then they lose all accountability and do as they please without worry of being voted out.
Companies, on the other hand, exist in the ecosystem of the market (so a single CEO can not rearrange the playing field). If the company is doing poorly, its shares will drop and forces will gather to remove the CEO (note how Balmer or recent CSFB CEO were removed).
- JetSpiegel 12y agoOf course it can: monopolies, collusion, corruption at the highest level, lobbying.
- walterbell 12y agoSome founders have special classes of voting shares, e.g. Google and Facebook.
- zo1 12y ago2 / 4 of those items you mention are actually problems caused by having a corruptible state, not by the market.