Chicago School economic theory "Public Choice theory" about regulation states that Regulatory Capture is the "logical conclusion" of attempts at regulating public services & utilities.

"Public Choice theory" is, ultimately, nihilistic bullshit.

From Cory Doctorow (@pluralistic): "Regulatory Capture: Beyond Revolving Doors and Against Regulatory Nihilism"

- Medium article: https://doctorow.medium.com/regulatory-capture-59b2013e2526

- Link to free MP3 Podcast: https://craphound.com/news/2022/06/12/regulatory-capture-beyond-revolving-doors-and-against-regulatory-nihilism/

#fz_links #antiMonopoly #antineocapitalism