Regulatory Capture

A Soviet editorial cartoon featuring an ogrish capitalist in top hat and tails yanking a dollar-sign-shaped lever that ejects a tiny bureaucrat from a seat; ranks of bureaucrats behind him wait their turns, grinning idiot grins.

The Murder of Net Neutrality Was Wild

Here’s a story about “regulatory capture”: Donald Trump appointed Ajit Pai, a former Verizon lawyer, to run the Federal Communications Commission, which is in charge of regulating companies like Verizon. Verizon — and the other big telcos and cable…

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