[yourapostasy]

> ...governments don't know how to mandate good corporate governance...

For a very brief moment, under the existential crisis condition of total war in WW2, the US government was somehow able to corral corporate governance towards a semblance of common purpose (survival). As I understand it from historians malfeasance was still widespread, but we arguably maybe got a good enough outcome?

This is the corporate equivalent of the shirtsleeves to shirtsleeves in three generations problem. And if that corollary is true, then I suspect the remedy is similarly not entirely amenable to deterministic antiseptic metrics and processes; they're necessary but not sufficient conditions.

[bluegatty]

Massive stimulus spending, everyone in the country highly motivated and oriented around a communitarian / natonalist goal.

You can see it in ukraine right now - they are making drones in their basements in ways that no other country is.

These are hard things to factor into economics just as they are very real.

Undoubtedly some competition would help.

[randsorex]

Exactly. Nothing motivates and unites a society like the physical death involved in war.

I think if you zoom out on a society, you have to have a war regime and a peace regime.

There are going to be coordinating aspects that a war regime can achieve that a peace regime simply can not because the stakes involved fundamentally can't be the same by definition.