There's an interesting argument that the revolving door actually prevents regulatory capture through encouraging regulators to be more strict.
So "interesting" now means is "deceptive and ingenuous".
In a hypothetical world where corporations were akin to mom-and-pop bakeries that would need to hire power, sophisticated regulators to guide them through a very tough state, that argument might be plausible.
In the real world where corporations are powerful, forward-looking institutions who know full well that paying people involves a process of rewarding behavior, this argument says more about the person advancing it than anything else.
And sure, a lot of smart people might claim this, just as similar stable of smart people operate in the stable of the corporations writing arguments for newspapers and magazine. But maybe all those people aren't at all tainted in their views. I'm sure they could come up with hypothetical situations where they aren't.
So "interesting" now means is "deceptive and ingenuous".
In a hypothetical world where corporations were akin to mom-and-pop bakeries that would need to hire power, sophisticated regulators to guide them through a very tough state, that argument might be plausible.
In the real world where corporations are powerful, forward-looking institutions who know full well that paying people involves a process of rewarding behavior, this argument says more about the person advancing it than anything else.
And sure, a lot of smart people might claim this, just as similar stable of smart people operate in the stable of the corporations writing arguments for newspapers and magazine. But maybe all those people aren't at all tainted in their views. I'm sure they could come up with hypothetical situations where they aren't.