What is Government Capture?
As I have moved my attention to corporate power and government capture I was asked to explain what I mean by "capture." Daniel Kaufmann has discussed been talking about it for some time and I encourage you to look at his blog. Google searches will lead to all kinds of material on all sides of the issue but the term is still a bit loose. What is your take on capture? Have a look at this video and leave your comments.
November 17, 2011 in CEO Pay , Capture , accountability , financial crisis | 1 comment |
I will add that there are some many different ways that corporations and more specifically financial institutions have average american interests in a vice. If you consider ETFs for example - arguably today\'s most popular investment tool - investors are paying Vanguard, Ishares etc. expense ratios each time they buy a fund. Vanguard and Ishares are each owned by Blackrock and Barclays respectively. These fees are thus generating more revenue for these banks each and every time an investor seeks a return for their money.
Investor money thereby finds itself not only in the investment itself but also the coffers of the biggest banks, further fueling a corporate monopoly if you want to call it that. Thank you for this video, i look forward to learning more.
I am a current MBA student at USM in portland. I would love to get in touch with anyone concerning these topics. Email: bkai123@gmail.com