As far as I can tell, big biz, unrestrained, always moves in the same direction - toward total monopoly.
As we see with the lastest Comcast move to drive Netflix into a corner.
Sure, why not?
All's fair in love and war, right?
But where's the balance?
Can we rightly expect someone in Comcast to say, "Oh no, we can't do that to Netflix and all of their customers"?
No, I don't expect that of Comcast. What I expect is Comcast to do everything it can to promote itself, provide a product and make money.
That's what I expect of Comcast and big biz.
There is only one reliable source of balance in all of this, and that's big gov - big enough to say "No!" and big enough to set some boundaries, lest the drive to monopolize progresses to its inevitable conclusion of total market dominance.
And, please, don't buy the propaganda that big biz loves democracy. They don't. What they love is the freedom to pursue their goals of dominance without restraint. Talk to employees and you'll hear the same story: there is no democracy within the companies - there's a lot of cruelty and control, and folks can lose their jobs in a heartbeat if they raise the wrong question, not to mention questions of moral responsibility.
Without a doubt, there are lots of good people at the top, but I think the bigger the biz grows, the more the tail wags the dog, and even good people are swept up and swept away in vast systems driven by power and profits. There is little morality left by the time the elevator reaches the 50th floor.
Nor do I look for an abundance of morality in big gov, but history makes it amply clear that government, by the people, for the people and of the people, can alone stand up against the Wall Street juggernaut.
It's a question of balance.
As big biz has grown larger in the last 40 years, and government has been dismantled along the way, the seeds were sown for the economic disaster now in place, here in the United States and across Europe. In spite of its better instincts, Europe bought, lock, stock and barrel, the US model of market-driven capitalism, allowing the tentacles of international corporations, quite literally nations unto themselves, to strangle the world. And in turn, kill the goose that lays the golden egg. And when the goose was dead and their were no more eggs to be had, they paid a visit to the very governments they manipulated and to the peoples they harmed and asked for a handout.
All of this might have turned out very differently had government maintained its regulatory vigilance, but thanks to conservative efforts, government was weakened to the point of ineffectiveness.
Whatever the sins of big gov may be, the sins of big biz have to be collared by someone or something big enough to reign them in.
I don't know of another entity, other than government big enough, to handle the job of regulatory restraint.