> The problem is one of regulatory capture - corporate vested interests control the governance process The problems with many things, but especially the price

> The problem is one of regulatory capture - corporate vested interests control the governance process The problems with many things, but especially the price of SF Muni's new Central Subway and the like, are more about union interests controlling the governance process than corporate. Remember that they do prevailing-wage construction (which somehow means they pay the highest wage out there, not the average/median) to their construction workers. The millions/billions spent on environmental-review studies and lawsuits are another matter as well.