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
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 16/07/2026And finally, there's "meritocracy," which is a way of dressing up the Puritans' concept of divine providence as a scientific theory about how society *must* work. 35/ 14311
R.J.R. definitely not tolkien @vitaminbooyah.bsky.social · 17/07/2026I would love to see an expanded criticism of this mentality. I've got a libertarian friend who's willing to listen to me, but I haven't been able to articulate a good argument against this mentality very well. 100
