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> ...government manipulation by corporations is an integral part of capitalism in the first place. I don't think regulatory capture is an ideological phenomeno
by humanrebar 9y ago
> ...government manipulation by corporations is an integral part of capitalism in the first place.
I don't think regulatory capture is an ideological phenomenon. To put it another way, how would one design a system where central authorities are not susceptible to this kind of lobbying? I don't think I've heard a credible plan along these lines. The usual tactic is to centrally control decisions but make sure "good" leaders hold that power. As recent political outcomes have illustrated (yet again), it's more or less inevitable that someone untrustworthy or even odious will be in charge of these decisions at some point.