Monopolies can easily eliminate competition and free enterprise without any use of naked force, just by lowering prices to drive competition to bankruptcy.
Big and diverse business conglomerates are equally dangerous as they acquire too much power in setting trends through advertising and media, themselves becoming substitute government, again without using any kind of naked force.
Free markets should be protected by government enforcing anti-monopoly laws (and possibly protecting freedom of the press - the right to speak, for everyone). Ideally the Ministry of Truth (sic!) should be a government agency which would check every piece of published material and provide the public with full evidence to its veracity or otherwise.
The roaring 20-s came after a period of active monopolies-breaking by the US government, it seems (by the other Roosevelt, was it?).
As for elections, they should be made permanent. Why wait 4 years to withdraw the president who acts contrary to his election promises? We have computers now, we can vote each and every day, and the votes will be totaled every day, and so the will of people will never be abused by the elected elites just because they got immunity to do whatever they please for 4 years.
Plus, any voter should be able to directly vote on issues too that are especially important to him, instead of delegating his vote to a representative.
To prevent too fast government changes which would be impractical and chaotic, simple dampening mechanism can be used - 65% majority required to overturn the govt in the 1st year, 55% in 2nd, then 50% + 1 vote, as usual.
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