Market Capture
Money in Politics
While the conventional debate usually revolves around the amount of campaign donations each candidate receives (how much), we spotlight also issues such as the concentration of donations (who donates), or more stealth forms of money in politics such as lobbying.
Regulatory Capture
When regulation protects narrow interests – usually the interests of the incumbent industry – at the expense of the public interest. Capture occurs in various ways: from straightforward bribes and threats, to more implicit quid pro quos such as the lucrative future employment (revolving door), to softer forms of cognitive/cultural capture. “... as a rule, regulation is acquired by the industry and is designed and operated primarily for its benefit.” George Stigler - The Theory of Economic Regulation (1971)
