Markets mediate the uncertainty of survival and governments mediate the uncertainty of markets. The uncertainties of competition in the market motivates individuals to create efficiencies and innovations in order to enjoy the greater certainties of wealth. Government regulates the market to insure competition where it works to create opportunities and replaces the market where it restricts opportunities and exploits inequalities.
So the uncertainty of competition is both the bull that drives the economy and the bear that everyone seeks shelter from. Government has to both enable and disable the uncertainty of competition for the greater good.
Those on the left seek shelter from uncertainty in public sector employment, labor unions and government programs that provide a safety net where markets fail as in education and health care. Those on the right seek shelter from uncertainty in government contracts, government regulations that protect businesses from competition and public funding of the externalities of business which includes the costs of infrastructure, pollution and periodic market failures of the financial system.
Neither side wants to pay for the other side’s protection racket. Both sides have to be kept in check and both are prone to their own particular kind of corruption.
But when multinational corporations cooperate to pit one country against another to create a regulation free global business environment then those corporations have the upper hand and that only creates certainties for a tiny minority at the top and cascading waves of uncertainty and disruption for everybody else.