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Corps don't hold the most direct power. Rather governments so often defer to big companies or the same small club of rich and industry insiders that it's hard f
by paulryanrogers 4y ago
Corps don't hold the most direct power. Rather governments so often defer to big companies or the same small club of rich and industry insiders that it's hard for workers to push back. Regulatory capture can also have the opposite of the desired result, yielding more power to companies instead of maintaining healthy societies.
- robertlagrant 4y agoFor sure. But regulatory capture is: 1) Government's fault. Don't get bribed and cosy with the industry you're regulating. We don't call cops teaming up with criminals "police capture". We call it corruption. 2) Predicated on governments being the biggest power, that rich companies can buy a small piece of their power.