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It's "progress" when the larger bureaucracy is harder to regulatorily capture, if only because in larger jurisdictions there are more competitors.
by hx87 10y ago
It's "progress" when the larger bureaucracy is harder to regulatorily capture, if only because in larger jurisdictions there are more competitors.
- smsm42 10y ago> larger bureaucracy is harder to regulatorily capture The example of US federal government does not exactly support this point.
- hx87 10y agoIt does when you compare it to state and municipal governments.
- smsm42 10y agoI don't see any indication federal government is more resistant to regulatory capture than state government. It may be more expensive, but the numbers are still don't even breach 1% of potential profits, and capturing one federal regulator is much better and easier than capturing fifty+ state ones or ten thousand local ones...