Author Topic: Regulatory capture is how fascism hits your doorstep  (Read 207 times)

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Offline mystery-ak

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Regulatory capture is how fascism hits your doorstep
« on: June 04, 2023, 02:21:52 pm »
June 4, 2023
Regulatory capture is how fascism hits your doorstep
By John Dale Dunn

Robert F. Kennedy, Jr. has raised the issue of regulatory capture in the matter of pharmaceutical company "capture" of the Food and Drug Administration and the National Institutes of Health and the Centers for Disease Control and Prevention, all powerful agencies in the public health sphere.  He always reminds us of the financial entanglements and the resultant political relationships that are combined to make regulatory capture, a cooperative relationship that approaches collusion and the appearance of an old enemy of our representative Republic: fascism.  He says it is destroying American freedoms and even economic vitality and must be extinguished.

That administrative state is even more of a problem for the citizens because of regulatory capture — the control of agency activities created by the industries or non-governmental agencies that influence agency regulatory activity to the disadvantage of the citizen-consumer.

The sham appearance of agency review by supposedly independent adviser experts is akin to regulatory capture, but there is a lot more discussed in an article by Jeffrey Tucker, founder of the Brownstone Institute and regular columnist for the Epoch Times.

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https://www.americanthinker.com/blog/2023/06/regulatory_capture_is_how_fascism_hits_your_doorstep.html
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Offline Smokin Joe

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Re: Regulatory capture is how fascism hits your doorstep
« Reply #1 on: June 04, 2023, 08:59:00 pm »
And this, folks is how the government insidiously picks 'winners' and' losers' by imposing regulations that can only be complied with within the economy of scale.

Small operations can't possibly keep up with all the HSE, OSHA, and other regulations without taking time from the business of doing business. Large corporations can hire whole departments to deal with those regs, often outnumbering all the combined employees of the smaller operations.

By influencing which regs go through, and how they are implemented, the larger corporations tilt the playing field against the entrepreneurs, and consume them when they sell out in desperation to get some ROI.

To some extent this has always been around, but now it is federalized and on the verge of going global, a result of the climate panic and regulations and caps imposed in the name of saving the planet while imposing ill effects on the apex predator (us).
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Offline bigheadfred

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Re: Regulatory capture is how fascism hits your doorstep
« Reply #2 on: June 04, 2023, 09:11:08 pm »
And this, folks is how the government insidiously picks 'winners' and' losers' by imposing regulations that can only be complied with within the economy of scale.

Small operations can't possibly keep up with all the HSE, OSHA, and other regulations without taking time from the business of doing business. Large corporations can hire whole departments to deal with those regs, often outnumbering all the combined employees of the smaller operations.

By influencing which regs go through, and how they are implemented, the larger corporations tilt the playing field against the entrepreneurs, and consume them when they sell out in desperation to get some ROI.

To some extent this has always been around, but now it is federalized and on the verge of going global, a result of the climate panic and regulations and caps imposed in the name of saving the planet while imposing ill effects on the apex predator (us).

Per the bolded. This is something I have read concerning top AI people calling for fed regulation of the industry. These people aren't worried about any threat from AI. They want control of the industry.
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