Hacker News new | past | comments | ask | show | jobs | submit login

It is in fact the other way around. The US Government completely and entirely dominates the private sector economy, controlling nearly every aspect top to bottom. The US is one of the most regulated economies in the G20, with economic regulations continuing to expand rapidly, the government adds thousands of new regulations annually.

That blatant government control is why the NSA (US military, executive branch) was able to force Google, Yahoo, Microsoft, Apple, et al. to comply against their will, and often against their attempts to defend themselves. It's also why this is even an issue at all. If Congress were owned by corporations, none of this would be happening, Apple would have dismissed them with a swipe of its hand, given it's the world's richest private corporation.

If corporations owned Congress, the US wouldn't have one of the highest effective corporate tax rates on earth.




What?

"If Congress were owned by corporations, none of this would be happening"--it's almost as if there can be multiple interests influencing / lobbying for power somehow, and not a single corporation owns all of congress...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: