If the government is so small it can't afford to pick favored companies, that vast wealth eventually gives way to more innovative companies through creative destruction
There were times when ford, GE, at&t were the wealthiest companies
But now the government just prints money and bails them out
If we had very minimal government, how would we police things like patents? Would we turn into China and just rip things off all the time?
I still wonder… for example, in the UK there was a tower block fire where approx 70 died. Lots of compromises were made to save money, the materials used were substandard, causing the building to burn way faster.
There was indeed government corruption, or at least some in government had links to the companies responsible. However, that’s all after the event. It was greed that caused the initial problem, the corruption was an also ran.
It’s likely the truth won’t come out fully for many years, there’s other disasters followed the same path.
In a minarchist state (I guess) what could prevent that kind of greed and psychotic behaviour taking so many lives?
I don’t trust the psychos!
