alt Hacker NewsIf you want regulatory capture, you have to capture the world, not just the US.
Replies
djierardi • yesterday at 6:55 PM
Exactly. And with the whole world just a few months behind, the question is whether there's an endgame other than stalemate.
If you want regulatory capture, you have to capture the world, not just the US.
Exactly. And with the whole world just a few months behind, the question is whether there's an endgame other than stalemate.
The US remains the largest economy in the world. If you succeed in regulatory capture there, and use it to exclude foreign competitors from the US, you've still captured a market worth hundreds of billions.