Unfortunately, no one wants to see the elephant in the room. Both types of entities will do (or at least have the risk-of doing) what is in their own best interest. But only one can have a violence-backed monopoly advantage.
Unfortunately, no one wants to see the elephant in the room. Both types of entities will do (or at least have the risk-of doing) what is in their own best interest. But only one can have a violence-backed monopoly advantage.
For example, the only reason the FDA had the power to go against Elixir sulfanilamide was that it was mislabeled, not that it was killing people.
Government is not better, than private companies.
Reflexive secrecy is antithetical to democratic government, but that's a completely different issue.
It's constrained by laws, ethics, and economic forces.
It really isn't even very constrained by that. It helps if people are generally virtuous, but even an institution where the majority of the people are of good moral character, can display pathological behavior if it's poorly designed.
2. Monopoly. There is no "but they are doing it so we have to, too" race to the bottom.