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Regulatory capture? Is there a difference or do they just go hand in hand?
Regulatory capture? Is there a difference or do they just go hand in hand?
Hand in hand.
Regulatory capture is one aspect of crony capitalism, but subsidies for your buddies, bailouts, and nepotism are all parts as well (and plenty more).
> Regulatory capture?
Regulatory capture is just one of the many ways crony capitalism happens.