False dichotomy, they are the same Lernaean Hydra.
How has that been going? Did you manage to elect someone, who made a positive change? Let's be charitable - you can pick an example from your life that goes back up to 50 years.
No. My point is you should fear centralized power in general, and in exact proportion to the scope of the power being centralized. All power gets abused.
Governments are centralized power on a scale that makes the most powerful corporation on earth look like an ant. Historically AND currently, the worst atrocities come from governments, not companies.
Yet, internet discourse (and new legislation) over the past 10 years has pretended like the biggest threat to us re: data collection is private companies. They are indeed a threat. But they are NOWHERE near the scale of the threat that data collection by governments represents.
This blind spot is part of the reason mass surveillance legislation is being rolled out (largely successfully) everywhere right now.
For example, we've created such a boogieman out of facebook/social media (which, ironically, doesn't even exist anymore as people remember it) that it has manufactured consent among the public for governments building the infrastructure for 1984. A far greater threat to us than micro-targeted face cream ads ever were.
Both large gov't and large corpo are horrible and both should be equally avoided.
You don't seem able to hold two ideas in your head.
Yes, companies can abuse their power. Yes, governments can abuse their power.
However, the power wielded by governments is on a whole different scale, so the capacity for abuse and atrocity is exponentially larger (governments have killed millions and can literally destroy the entire world with firepower 100X over).
You say that govt is holding a gun to citizen's head, but govt also holding a gun at private company's head.