Earlier quoted context omitted.
You're letting perfect be the enemy of good. Government is not intrinsically bad. Regulations have achieved many good things. Just because there is corruption and abuses of power doesn't mean society should refrain from employing regulatory measures through their representatives. Healthy markets exist, in part, because of regulatory action, not in spite of it.
And in a democracy, you can vote the government out. With a complete monopoly in a totally free market with no regulation, what can you do? Vote with your wallet even if it means you die from starvation? The end game is either complete extinction of humanity or anyone outside the monopoly becoming a slave for it.
Most of the government consists of unelected bureaucrats who cannot even be fired by the elected officials.
> With a complete monopoly in a totally free market with no regulation, what can you do?
Start your own competing firm. That sounds hard, sure, but try starting your own government and see how that works for you!
> Vote with your wallet even if it means you die from starvation?
The only food monopolies in history were run by governments, and they led to a lot of starvation.