If the government was run like a corporation, the poor, the elderly, people with disabilities, the unemployed, small businesses looking for assistance and others would be “fired” due to corporate targets to be greedy.
Profit Over People:
Corporations prioritize profit—if government did the same, public good might take a backseat to efficiency or cost-savings, hurting vulnerable communities.
Reduced Transparency:
Corporations often make decisions behind closed doors. Applying that to government could reduce accountability and public input.
Short-Term Focus:
Companies often focus on quarterly performance, while governments must think long-term—climate, infrastructure, education, etc. A corporate mindset could hinder that.
Inequality:
Corporations don’t distribute resources equally—they go where profit is. A government run this way might neglect low-income or rural areas.
Erosion of Democratic Values:
Shareholders in a corporation have more say based on how much stock they own. If a government mimicked that, it could favor the wealthy and weaken democratic representation.
Kleptoplutocracy is what those who think government should be run like a corporation:
• Kleptocracy: government by those who seek chiefly status and personal gain at the expense of the governed, often through corruption and theft.
• Plutocracy: a society or system ruled and dominated by the wealthy.
So, kleptoplutocracy refers to a system where:
• Wealthy elites not only dominate political power (plutocracy),
• But also use that power to steal from public resources (kleptocracy),
• Creating a self-serving loop of wealth accumulation and corruption.
In short: it’s rule by the rich, for the rich, by stealing from everyone else.