If the government was run like a business it would have merged with the Chinese government by now.
It almost certainly would have shut down half the state governments due to poor performance.
And it would have declared bankruptcy and not paid any of its workers or maintained any of its infrastructure.
There’s a reason government exists. The greatest strength of private industry is any one institution is allowed to fail, without destroying the system. The government is needed where that does not hold true. That’s why the Too Big to Fail companies are such a threat to capitalism and private industry. They break the fundamental Darwinian impulses that makes private industry such a great creator of wealth and ideas.
It almost certainly would have shut down half the state governments due to poor performance.
And it would have declared bankruptcy and not paid any of its workers or maintained any of its infrastructure.
There’s a reason government exists. The greatest strength of private industry is any one institution is allowed to fail, without destroying the system. The government is needed where that does not hold true. That’s why the Too Big to Fail companies are such a threat to capitalism and private industry. They break the fundamental Darwinian impulses that makes private industry such a great creator of wealth and ideas.