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leakybit | 5 years ago

> (regulations change easily when wealthy investors and corporations want them to change)

Teamsters would say otherwise.

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throwaway894345|5 years ago

I don't think they would, and that there are other interest groups doesn't suggest that corporate interests aren't particularly powerful. IIRC, if the public unanimously supports a particular initiative, it has only a 30% chance of making it into law, and it's more than double that if corporations support it.

dragonwriter|5 years ago

> IIRC, if the public unanimously supports a particular initiative, it has only a 30% chance of making it into law, and it's more than double that if corporations support it.

That's obviously not a set of statistics that is possible to directly observe; such a conclusion is only possible through a model dependent on extrapolation which assumes that a relationship holds outside the observable range. (And it's also somewhat incoherent, as both corporate decision-makers and legislators are subsets of the public.)