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Regulatory Capture Quotes

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Regulatory Capture Quotes

“Every growing civilization is a scene of multiplying inequalities; the natural differences of human endowment unite with differences of opportunity to produce artificial differences of wealth and power; and where no laws or despots suppress these artificial inequalities they reach at last a bursting point where the poor have nothing to lose by violence, and the chaos of revolution levels men again into a community of destitution. ... Then the race for wealth, goods and power begins again, and the pyramid of ability takes form once more; under whatever laws may be enacted the abler man manages somehow to get the richer soil, the better place, the lion’s share; soon he is strong enough to dominate the state and rewrite or interpret the laws; and in time the inequality is as great as before.”

WealthPowerCivilizationInequalityRegulatory Capture
Book:Our Oriental Heritage
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