Use your imagination. If people want something, they will get it. It's not like these regulatory innovations were invented by government. It all requires trust in the end and I rather trust organizations that can easily be held accountable by failure rather than by an unremorseful government that only changes every term or so.
Don't use your imagination, face the reality. These regulatory innovations is how the representative government was invented. If all these private entities that you cherish so much were not corrupting it, the government would have been doing an even better job.
Did you really just claim that government would be pristine if it were not for external, PRIVATE forces corrupting it?
...lololololololol...
Please, expand on this.