Yes, but the left (and the much of the right) doesn’t usually have much foresight about this happening. They can think through the negative consequences of deregulation, but typically not regulation or re-regulation. If I wasn’t clear, that’s what I was talking about. They always seem to propose another regulatory solution to regulatory capture without thinking about how this solution will keep from being captured.
(Also, I’m talking about the general public, not the political intellectuals who are typically much more sophisticated.)
Yes, but the left (and the much of the right) doesn’t usually have much foresight about this happening. They can think through the negative consequences of deregulation, but typically not regulation or re-regulation. If I wasn’t clear, that’s what I was talking about. They always seem to propose another regulatory solution to regulatory capture without thinking about how this solution will keep from being captured.
(Also, I’m talking about the general public, not the political intellectuals who are typically much more sophisticated.)