The mistake here is to assume that there's a causal relationship between having worked in the industry and taking a pro-industry role as a regulator. This isn'

The mistake here is to assume that there's a causal relationship between having worked in the industry and taking a pro-industry role as a regulator. This isn't inherently true. Industry alums can and have taken regulatory actions in the public interest. Tom Wheeler, the former Chairman of the FCC, used to be a cable industry lobbyist and passed regulation in favor or net neutrality and despite the protests of the industry he used to regulate. It turns out that the person and their intentions matter. When a revolving door person happens to take pro-industry actions it's not because they somehow fooled the government into thinking they'd act in the public good. The government knowingly appointed someone with pro-industry biases because the industry lobbied the government. If we want the government to appoint people who will act in the public interest at the expense of the industry, we have to demand that. Sometimes that person will be from the industry. We may call them a dingo. But they'll turn out to act in our interests.