this post was submitted on 15 Jul 2023
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Capitalists love regulations and do a lot to make sure financial laws are in their favor and make great use of government handouts they help orchestrate for themselves.
Yes, this is called regulatory capture.
Yeah, Senator Whitehouse actually wrote a book awhile back, Captured, that covers the topic very well. However, that book is also depressing because he illustrates just how fucking rampant it is in the US now.