The Bottomless Swamp of Regulatory Capture

All this grift, graft, predatory pricing, price-fixing and parasitic monopolizing costs the public and the economy dearly.

In the great scheme of civilization, governments arose to consolidate resources, wealth and power, and protect these scarce and valuable assets from outsiders. Outsiders included invading hordes, competing states and self-serving entities within the realm guided by one goal: to maximize private gain by any means available.

In the past, these entities inc…