It’s not wrong to say regulatory capture is a problem, it just doesn’t go far enough. The US government was never not captured by the bourgeoisie, because the US was born of a bourgeois revolution[1]. The wealthy, white, male, land-owning, largely slave-owning Founding Fathers constructed a bourgeois state with “checks and balances” against the “tyranny of the majority”. It was never meant to represent the majority—the working class—and it never has, despite eventually allowing women and non-whites (at least those not disenfranchised by the carceral system) to vote. BBC: [Princeton & Northwestern] Study: US is an oligarchy, not a democracy
So you agree that regulatory capture is the problem, cool I thought you were just going to post some links im not going to read.
It’s not wrong to say regulatory capture is a problem, it just doesn’t go far enough. The US government was never not captured by the bourgeoisie, because the US was born of a bourgeois revolution[1]. The wealthy, white, male, land-owning, largely slave-owning Founding Fathers constructed a bourgeois state with “checks and balances” against the “tyranny of the majority”. It was never meant to represent the majority—the working class—and it never has, despite eventually allowing women and non-whites (at least those not disenfranchised by the carceral system) to vote. BBC: [Princeton & Northwestern] Study: US is an oligarchy, not a democracy