This, friends, is what we call regulatory capture. An industry extracting the greatest possible profit from our shared world, hollowing and deforming its core institutions, while wrapped in the thinnest veneer of public accountability.
Reposted from
tony romm
This is an excellent graphical look at how billionaires in tech are stuffing their allies into agencies that regulate the industry www.wsj.com/politics/tec...
Comments
Gonna be a rough climb.
No matter how good Staff’s work, no matter the public outcry, industry will *always* win, and the public will *always* lose unless interests happen to coincide.
It’s the antithesis of government.