Elon Musk: “Government is essentially corporation in the limit. And…”

“If the company, if they make bad products, fail to compete, then they will go bankrupt and they should, if they make bad products. So Government is essentially corporation in the limit. And since it is monopoly and there's, there's no, there's just, you can think of like, like I think one way to think of economy is just in terms of feedback loops. And the feedback loop for government provided services to be excellent is weak. Because if, like, if you have, if you have a government monopoly or anything, what do you, …” (26:22–26:36)

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