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> Corporations tend to have an easier time "capturing" regulatory bodies than legislatures, it is called "regulatory capture." Fuel prices are really high righ
by tablespoon 4y ago
> Corporations tend to have an easier time "capturing" regulatory bodies than legislatures, it is called "regulatory capture."
Fuel prices are really high right now, and most people still need to buy it. If this kind of tactic causes them to go higher, I don't think it would be a hard sell to a legislature pass a law to negate the tactic.
Also having an "easier time 'capturing' regulatory bodies" doesn't mean they're not also pretty successful at influencing legislatures.
- ClumsyPilot 4y agoFuel prices have to stay high for us to get off fossil fuels. Thats when it makes economic sence to invest in alternatives
- tablespoon 4y ago> Fuel prices have to stay high for us to get off fossil fuels. Thats when it makes economic sence to invest in alternatives Maybe so, but that doesn't make high fuel prices popular. In a democracy, a lot of people will vote for the guy who will bring them down now vs. one who deliberately tries to keep them high as part of some long-term strategy (all else being equal). Pursuing widely unpopular policies to further other goals is something that that non-democracies tend to be better at.
- whatshisface 4y agoBeware the unhappy middle where even numbered presidents raise fuel prices through policy but nobody builds solar because they're expecting odd presidents to lower it back down.