[wav-part]

Why does this apply to one group of people (private industry) but not the other (govt) ? Both are money-seeking.

[lucozade]

It applies to both. It's just the mechanisms for regulation and feedback are different.

When you don't have a mechanism for regulation in government, such as democracy, you tend to get very bad government.

That's not to suggest that fines or elections are particularly effective but they serve similar purposes.

[wav-part]

What about voters ? They are money-seeking. Who would save them from themselves ?

[pmyteh]

No single voter has control, so they check each other.

In principle, anyway. Democracy obviously isn't a perfect system.

[pjc50]

Government doesn't exactly have shareholders. Although campaign funding is tending that way.

[wav-part]

Citizens may be thought as the shareholders. Anycase what does it prove ?