Tuesday, May 04, 2010

Regulatory Capture

A great talk by Cory Doctorow, with many aspects. I liked the last part, on the reduction of transaction cost, and how it enables collaboration.
But the most hair-raising part is his description of the collaboration between large companies and governments to try to implement ludicrous and offensive laws, in the face of general popular opposition. For those with a childish trust in government's looking out for you, here we see a lot of governments really trying to screw you.
You can watch it here.
h/t Big Ideas


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