Regulatory Capture

Beyond Revolving Doors and Against Regulatory Nihilism.

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 operators — wanted to kill Net Neutrality.

Net Neutrality is the idea that your ISP should send you the bits you request as quickly and reliably as it can. That means when you click a link, your ISP does its level best to get that link for you.

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Pluralistic: 17 May 2022


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