People would, but that wouldn't alleviate the overarching economic failure of excess concentration. Look at places like North Korea; there's an underground economy, but virtually all economic power is vested in the state, with dreadful effects for the population at large. Well, you say, that's not a free society in political terms; but preservation of ownership is essentially a political good. Indeed, it's one with a high cost for the American economy: http://tuvalu.santafe.edu/~bowles/GarrisonAmerica2007.pdf