4 ms·

This is a perfect example of how the silicon valley echo chamber can have implications in DC. We all want cheap, fast, and open internet. Instead of the right p

This is a perfect example of how the silicon valley echo chamber can have implications in DC. We all want cheap, fast, and open internet. Instead of the right people advising the current administration I feel like the polarization politics recently in the US is contributing to these advisors being picked. For example if the elites in silicon valley presented themselves publicly as more moderate and impartial they would have more say in the current admin. Its a bad idea to alienate yourself from half of the country no matter which side you are on.

wavefunction 9y ago
Isn't this just the result of Republican policy? Enabling regulatory capture? The official GOP stance is that industry can police itself, right? Seems pretty simple.
- redler 9y ago
  It happens when either major party is in control, but you're right: the Democrats lean toward more active regulation to shape outcomes in ways that often don't benefit dominant players, while the GOP aims to erase regulation, often bluntly, and leave outcomes to the markets. As a practical matter, "markets" means "dominant players in the market". The GOP view on regulatory agencies is that they should look more like chambers of commerce, and as such, they end up stocked with representatives of those dominant players.
danharaj 9y ago
Economic interests drive ideology, not the other way around.
- BoiledCabbage 9y ago
  The past 50 years of the Republican party counters this. Simply take a look a the core issues the party has support for.
  - Retric 9y ago
    What the Republican party says and what it does are very different. I don't know how intentional this is, but I suspect they want to be able to drum up support next election far more than they want change.
  - root_axis 9y ago
    That doesn't counter it, they believe it is in their economic interest to give the rich large tax cuts because they believe it will result in more jobs, it's the same reason that they oppose net neutrality, environmental regulations and banking regulations: they believe it is in their economic interest.

wavefunction 9y ago

Isn't this just the result of Republican policy? Enabling regulatory capture? The official GOP stance is that industry can police itself, right? Seems pretty simple.

redler 9y ago
It happens when either major party is in control, but you're right: the Democrats lean toward more active regulation to shape outcomes in ways that often don't benefit dominant players, while the GOP aims to erase regulation, often bluntly, and leave outcomes to the markets. As a practical matter, "markets" means "dominant players in the market". The GOP view on regulatory agencies is that they should look more like chambers of commerce, and as such, they end up stocked with representatives of those dominant players.

danharaj 9y ago

Economic interests drive ideology, not the other way around.

BoiledCabbage 9y ago
The past 50 years of the Republican party counters this. Simply take a look a the core issues the party has support for.
- Retric 9y ago
  What the Republican party says and what it does are very different. I don't know how intentional this is, but I suspect they want to be able to drum up support next election far more than they want change.
- root_axis 9y ago
  That doesn't counter it, they believe it is in their economic interest to give the rich large tax cuts because they believe it will result in more jobs, it's the same reason that they oppose net neutrality, environmental regulations and banking regulations: they believe it is in their economic interest.