nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe : "regulators protect the monopolies"
Using Ivan Illich’s idea of radical monopolies to extend that insight: the establishment protects not just the corporations that dominate certain industries but the arbitrary assumptions which underlie those industries.
For example, FDA protects specific pharmaceutical companies, but the entire establishment - media, politicians, schools - defends the medicalization of our health.
It goes so much deeper than the regulatory capture that we often complain about.