exactly. Reason is, businesses that engage in lots of inefficiencies get outcompeted, and if the inefficiencies/mistakes are egregious they go out of business. Government has the ultimate monopoly, where the only remedy available for most "shareholders" is to vote out the "CEO" and "directors" once every couple of years. In the private market, you can take your business to a competitor if you don't like how one company treats you. Or as a shareholder you can sell your shares in company A and buy company B instead. The only real remedy against government incompetence is to emigrate, and then you find yourself in a new one that also acts like it's the only game in town for it's citizens - because it is.