By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/07/2026Then there's the right's conception of regulatory capture. When you think of "regulatory capture," you might picture a company or sector that has grown so powerful that it can boss the government around, so that it can abuse you with impunity. 32/ 1303
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/07/2026But for a neoclassical, "regulatory capture" isn't the result of too much *corporate* power - it's the result of too much *state* power. 33/ 1282
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/07/2026If states have the ability to do real things (the theory goes), then capitalists will do everything they can to take over the state and use it to punish their competitors, so the only answer is to eliminate state capacity altogether: pluralistic.net/2022/06/05/r... 34/pluralistic.netRegulatory Capture – Pluralistic: Daily links from Cory Doctorow 2373