The problem though is that people are effectively made to work for free if the government can order any organization to publish their private information. The government is forcing socialism on the upside and capitalism on the downside.

Almost all information/research would serve a "public good" if it was converted from private to public. If the government forced an investment firm to reveal which companies they thought were the most undervalued in a market, many people would benefit from that knowledge. The question is, what right and what incentive structure promotes the generation of that knowledge. Theft is certainly not a structure that generates it long term.