> I look around me and every single object I use and makes my life better was made by a corporation.
Markets work well for most commodities.
On the other hand, Social Security, Medicare and Medicaid ensure that people don't die so they can hopefully go on to enjoy a better life.
> I don't fear Facebook knowing everything about me and selling that info to third parties
A KGB, but for advertising, still collects and centralizes private info that can be abused by any party, governmental or private. A recent example of that exact dataset being abused by a private entity: the Cambridge Analytica scandal.
Also, insurers and repo-men love accurate location tracking etc. Your insurers most likely aren't using that information to give you better rates.
Markets work well for most commodities.
On the other hand, Social Security, Medicare and Medicaid ensure that people don't die so they can hopefully go on to enjoy a better life.
> I don't fear Facebook knowing everything about me and selling that info to third parties
A KGB, but for advertising, still collects and centralizes private info that can be abused by any party, governmental or private. A recent example of that exact dataset being abused by a private entity: the Cambridge Analytica scandal.
Also, insurers and repo-men love accurate location tracking etc. Your insurers most likely aren't using that information to give you better rates.