Quote:
Originally Posted by Astromancer
Regulatory Capture can only work if wealth gets you deference. If wealth doesn't enhance your status, regulatory capture requires straight forward bribery of an easily procecuted type.
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Dude, you understand that we don't give wealthy people want they want out of
classism right? We give it to them
because they give us money. If a hobo won the lottery and asked to have my coat and offered me a thousand bucks for it, I've give it to him, not out of deference, but for the $1000. Likewise, a senator isn't rewriting the laws to benefit your company because he respects you, but because these wonderful birthday gifts and opportunities just keep magically finding their way to his family (amazing!)