Sure, but I'd also say that the employee base has a line that is different than the government's, and that does matter for making profit. Creative and independent employees generally produce more than ones who are just following what the boss says
Actually, this reminds me of when Paul Graham came to Google, around 2005. Before that, I had read an essay or two, and thought he was kind of a blowhard.
But I actually thought he was a great speaker in person, and that lecture changed my opinion. He was talking about "Don't Be Evil", and he also said something very charming about how "Don't Be Evil" is conditional upon having the luxury to live up to that, which is true.
That applies to both companies and people:
- If Google wasn't a money-printing machine in 2005, then "don't be evil" would have been less appealing. And now in 2020, 2021, .... 2025, we can see that Google clearly thinks about its quarterly earning in a way that it didn't in 2005, so "don't be evil" is too constraining, and was discarded.
- For individuals, we may not pay much attention to "don't be evil" early in our careers. But it is more appealing when you're more established, and have had a couple decades to reflect on what you did with your time!