let us set aside for the moment all possible grand conspiracies: Government serves the interests of those in government. Getting elected and holding office, getting appointed and holding office, getting hired and holding office, whatever the case may be - this is the primary concern of nay government employee. It is a massive distortion of the incentives in the market of getting and retaining a job, without the hassle of providing goods and services to a voluntary consumer.
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Maybe I'm naive to believe that some people may actually want to do some good. A lot of those in government don't seem to enjoy it much. For some it's just a job.
A desire to do good is likely present, but the incentives and means available guarantee evil results regardless of intent. Public Choice economics theory explains this beautifully.
Monopolies promote waste and abuse. Taxation is extortion. A tax-funded monopoly is inherently evil, regardless of the service it provides.
Corporations supported by government subsidies, bailouts, protectionist regulations, etc. distort the market by denying consumer choice and externalizing their costs. The added burdens on business through regulation, taxation, trade restrictions, etc. harm those at the margins - the small businesses and startups - that would otherwise be able to make headway in the market. This guarantees overpriced, shoddy goods and services too. Corporations are aspects of the State, not market phenomena.