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I wonder if this an inadvertent dark pattern used by Congress. Doesn’t this fundamentally set up lobbying infrastructure? You set up a racket where you start re
by runawaybottle 5y ago
I wonder if this an inadvertent dark pattern used by Congress. Doesn’t this fundamentally set up lobbying infrastructure? You set up a racket where you start regulating a business, then said business reacts by funding massive lobbying toolkits to buy the crooks in Congress off to curtail regulation.
- sircastor 5y ago“This is a nice little multi-trillion dollar industry you got here… it’d be a shame if anything happened to it.”
- jeffbee 5y agoYou think David Cicilline knows a thing or two about shaking down businesses? Why, that's a repugnant attack against Italian-Americans!
- dredmorbius 5y agoThe general problem is called "regulatory capture", though that's a specific case of the principle-agent problem, which also affects private organisations / businesses. Generally the solution is checks & balances, oversight, you cut / I choose, and similar mechanisms. (Off the top of my head, there may be others.)