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This is true, but the problem was not nearly as bad before Citizens United (which basically freed corporations up to throw massive amounts of money into politic
by kevingadd 7y ago
This is true, but the problem was not nearly as bad before Citizens United (which basically freed corporations up to throw massive amounts of money into politics).
If lobbying was actually limited to citizens or small groups of citizens the negative impact could be reduced. Many other countries aren't impacted by regulatory capture as bad as the US.
- rayiner 7y agoThat’s a weird conclusion given that the overriding trend of the last 50 years is Europe following the deregulatory approaches pioneered by the US. The 1996 telecom act, for example, was highly influential abroad. Likewise, most Western European countries regulate electricity markets in ways very similar to the US.
- kevingadd 7y agoI never said other countries weren't following our lead, just that it got worse here sooner