Re:The Global Rebellion Against “No-Skin-In-the-Game” Insiders
by ArkyBeagle on Saturday March 19, 2016 @05:13PM
(#11320478)
That's a really good question. Surprisingly, I don't think there's just the one simple explanation - that it's regulatory capture based in the activities of lobbyists.
I think it's also a reaction to the fairly draconian anti-tobacco lobby from say, 1980 until the United States v. Phillip Morris decision. This is part of the Prohibtionist American anti-pattern.
I think it's also a reaction to the fairly draconian anti-tobacco lobby from say, 1980 until the United States v. Phillip Morris decision. This is part of the Prohibtionist American anti-pattern.