How does public choice theory (aka Moloch) fit into this? I’m _deeply_ suspicious of analyses and reform proposals that ignore the agency and decision making of individuals, and assume that nominal “leaders” have very much leeway in the systems that made them.
“Our rulers” is us. We’ve each individually accepted and contributed to these systems. We each make choices about how to exist within it and how to change it (usually only a little, and not always for the better). This is true of corporations as well—it’s people all the way down. Actual individual humans make the choice that they can convince other humans to cede them real resources through this mix of marketing, production, and good luck.