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Comment: Stockholm Syndrome (Score 2) 140

I first heard about regulatory capture in an economics class where it was referred to a the Stockholm Syndrome for regulators. It's a well documented phenomenon: It also doesn't help when regulators are guaranteed well paid future jobs within the industries they are currently supposed to be regulating.

Comment: feel the love (Score 3, Interesting) 164

I wonder what implications being able to raise money for a common cause like this will have on the future of business. Will the top corporations of tomorrow be crowdfunded by people commonly wanting a particular good or service? What happens if you add virtual currency and 3D printers into the mix? Is this what Alan Watts was talking about when he referred to money as being an illusion? It's all in your head, man. Da future.

"Only the hypocrite is really rotten to the core." -- Hannah Arendt.