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When companies are big or rich enough they can capture regulators and pay for lobbyists to override the masses, the democratic process is undermined. We become
by paulryanrogers 3y ago
When companies are big or rich enough they can capture regulators and pay for lobbyists to override the masses, the democratic process is undermined.
We become ruled by socialopathic oligarchy, in the form of corporations instead of a few individuals. And no one executive can be held accountable because they're large organizations that diffuse responsibility.
Once I was a young conservative who thought these ideas were crazy Hollywood tropes. As I get older I see the pattern manifest more and more in the USA.
- alakin 3y agoAnd you're suggesting what, that we hand the reins to the democratic process you just described as flawed, one that is corrupted by lobbying? Yeah why don't we just take a corrupt institution and put it in charge of more things.
- remarkEon 3y agoI don't think that's a suggestion that we have Google take over the country or something. It's an acknowledgement of the Iron Law of Oligarchy[1]. [1] https://en.wikipedia.org/wiki/Iron_law_of_oligarchy https://en.wikipedia.org/wiki/Iron_law_of_oligarchy
- alakin 3y agoAnti monopoly law already handles that.
- paulryanrogers 3y agoOr anti-trust would handle that if it weren't neutered by the only criteria being (direct) consumer harm.
- paulryanrogers 3y agoI suggest we fix the system we have by making paid lobbying illegal, campaign finance reform, same day primaries, robust anti-trust, etc.
- alakin 3y agoFair and solid focus on government domain issues. It's us the people that will fix govt, instead of govt fixing companies.
- paulryanrogers 3y agoIf we cannot regulate companies via a government we control then they will regulate us, and in fact they do as much as they can.