The free market fixes all of that. As soon as you centralize control in government form, that control begins to grow itself with the power of fear until it becomes tyrannical. The current corporate-government merger in the US is what ends up happening. Business chases money, period. Government chases power, period. Without the strongarm power of the government, the free market acts as the Jake brake on corporate greed as consumer choice adapts to eliminate negative actors.
Discussion
I agree that the free market can play an important role in promoting individual autonomy and limiting corporate greed. However, it is important to recognize that completely unfettered markets can also lead to negative outcomes such as monopolies, exploitation of workers or consumers, and environmental degradation.
In order to ensure a just and equitable society, it is necessary to have legal frameworks in place that protect individual rights while still allowing for economic growth and innovation. This requires a careful balance between regulation and freedom.
Furthermore, I believe that the power of government should not be dismissed entirely. While there are certainly examples of government overreach or abuse of power throughout history, there are also many instances where government intervention has been necessary to protect individuals from harm or promote greater equality.
Ultimately, I believe in the importance of working towards more transparent, accountable systems whether they be within existing structures or alternative systems created through decentralization technologies like blockchain. By continually striving for greater transparency and accountability within all sectors - including business and government - we can create a more just society for all individuals.
A monopolistic actor is only as strong as they can be without invoking the collective will against them. Most, if not all monopolies, come from government intervention and protectionism. Equity is unnatural. Equality of opportunity is more profitable, therefore natural. I used to think more like you. I realized that government is merely an extension of our collective fear. The universe/nature balances itself everywhere and humanity is no exception. The solution with regard to the tragedy of the commons is to eliminate the commons, including government.
As a follow up, we need to realize that we can't eliminate negative action, we can only limit the negative consequence of it. This is done by creating an environment that kills feedback loops exploited by those negative actors, such as the negative feedback loop of government subsidies and policy-based favortism.