Then I remember why corruption isn't good for business.
1) A corrupt rent seeking company that depends on the government makes huge profits and has lobbying as a necessary expense in this process. Companies in competitive industries would have a hard time matching those money levels even if the industry itself was larger and created more jobs.
2) The corruption of the current US government is not simply on the level of buying people but rather based on the "revolving door" - congress people become lobbyists become industry executives become regulators etc. This system, again, benefits the most concentrated, rent-seeking companies/industries which depend on the government long-term (defense, health, etc, etc). These have the lifetime jobs available and have been milking this approach for ... a lifetime.
So a government up for bid is definitely a bad government, no escaping it.
Then I remember why corruption isn't good for business.
1) A corrupt rent seeking company that depends on the government makes huge profits and has lobbying as a necessary expense in this process. Companies in competitive industries would have a hard time matching those money levels even if the industry itself was larger and created more jobs.
2) The corruption of the current US government is not simply on the level of buying people but rather based on the "revolving door" - congress people become lobbyists become industry executives become regulators etc. This system, again, benefits the most concentrated, rent-seeking companies/industries which depend on the government long-term (defense, health, etc, etc). These have the lifetime jobs available and have been milking this approach for ... a lifetime.
So a government up for bid is definitely a bad government, no escaping it.