JesseLexDisturbing analysis but feels like a disturbing description of economic, political, and social reality emanating from the United States.
Non Serviam Media CollectiveOur good friends Jason and Cory chat about #publicchoicetheory, #reparations, #war, and more on @C4SS’s #MutualExchangeRadio
Mutual Exchange Radio: Jason Lee Byas about Public Choice Theory, Reparations (for slavery and other injustices), and War
Cory Massimino chats with Jason Lee Byas about public choice theory, reparations (for slavery and other injustices), and war. Jason Lee Byas is a fellow at the Center for a Stateless Society and a PhD student in Philosophy at the University of Michigan. His academic work focuses on punishment (and its alternatives), rights theory, and justice beyond the state.
Cory DoctorowAll of this leads to #RegulatoryCapture - when a regulator starts defending an industry from the public interest, instead of defending the public from the industry. The term "regulatory capture" has a checkered history. It comes out of a bizarre, far-right #ChicagoSchool ideology called #PublicChoiceTheory, whose goal is to *eliminate* regulation, not fix it.
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If that sounds implausible to you, then you've gotten trapped in the neoliberal mind-palace.
The term #RegulatoryCapture was popularized by far-right #ChicagoSchool economists who were promoting #PublicChoiceTheory. In their telling, regulatory capture is *inevitable*, because companies will spend whatever it takes to get the government to pass laws making what they do legal, and making competing with them into a crime:
https://pluralistic.net/2022/06/13/public-choice/#ajit-pai-still-terrible
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There's a whole body of conservative economic orthodoxy, #PublicChoiceTheory, that concerns itself with the motives of callow, easily corrupted regulators, legislators and civil servants, and how they might be tempted to distort markets.
But the same people who obsess over our fallible public institutions are convinced that private institutions will never yield to temptation, because the fear of competition keeps temptation at bay.
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toxtethogrady@kcivey @nus @conductor @dwgill @BlackAzizAnansi Ah, yes - an innocent. People scared of #CRT have white supremacist motivations. #ReplacementTheory is the more worrying concept, followed closely by #PublicChoiceTheory ...
Or, as Senator #ElizabethWarren bluntly put it, "adroit influence peddling":
The neoliberal economists' theory of #RegulatoryCapture is a kind of helpless nihilism, grounded in the #PublicChoiceTheory doctrine that says that regulators will *always* be captured.
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Our very own #AllPowerToTheImagination host Frank Miroslav (@rogermexico) joined Eric Fleischmann on @C4SS’s The Enragés to discuss collective action problems and anti-capitalist movements.
https://theenrages.libsyn.com/collective-action-is-hard-with-frank-miroslav
#anarchism #marxism #publicchoicetheory #econ #leftism #socialism
The Enragés: Collective Action is Hard with Frank Miroslav
For the 18th installment of The Enragés, host Eric Fleischmann met with Frank Miroslav (@mutual_ayyde) to discuss Frank’s article Why Collective Action Problems Are Not a Capitalist Plot: On the Non-Triviality of Going from Individual to Collective Rationality (). Frank Miroslav is an Australia based anarchist. Support C4SS –
Anonymoose@salixlucida those kind of leaks really threaten the power and livelihoods of the people who get to define what is and isn't "national security". #PublicChoiceTheory
Boing BoingGeorge Mason economics department admits it sold hiring control to anonymous, super-rich donors https://boingboing.net/2018/05/01/policy-laundering.html #georgemasonuniversity #publicchoicetheory #scholarship #corruption #economics #piketty #Post