That statement ignores that there are multiple political parties. We have had political parties fail, just like corporations.
In the US we have one that recognized we are a society and need things to work. and one that wants to get rid of government at all costs, to the point they have for the last 40 years had policies such as 'starve the beast' with the sole intention of making government completely unable to function.
Taleb sees business and government as equally incompetent, but businesses are supposed to die and so make room for better ideas to thrive.
Unless, of course, you bail them out of their mistakes.