Deep Capture

[Shakespear]

Some may be interested in the following series of articles on the concept of "Deep Capture". What is it? Here is a hint

“One cannot mention regulatory agencies without adding the observation that, of course, such agencies are likely to be ‘captured’ by the interests they are supposed to regulate. To suggest that matters are any different from this is to mark oneself as hopelessly naïve, or even disingenuous.”

–James Q. Wilson

http://thesituationist.wordpress.com...apture-part-i/

On this blog there is also this interesting article

http://thesituationist.wordpress.com...inancial-woes/

[BoggleFed]

Re: Deep Capture

http://en.wikipedia.org/wiki/Regulatory_capture

Don't know why he felt the need to re-define something that already exists.

[Rajiv]

Re: Deep Capture

Regulatory capture is what the deep capture article describes as shallow capture --

In 2003, Situationist Contributor David Yosifon and I published an article (“The Situation: An Introduction to the Situational Character, Critical Realism, Power Economics, and Deep Capture,” downloadable here) that introduced to the law-review literature many of the insights and arguments on which this blog is premised and upon which an emerging mountain of legal scholarship is based.

Since The Situationist came online in January, I have been asked numerous times by readers who are unfamiliar with that body of work just what is meant by the term “deep capture.” This series of posts is my attempt to answer that question by relying on existing work. Although “deep capture” has been defined and illustrated in several more recent articles, I thought it was fitting to excerpt portions of “The Situation” to provide the original description and definition of the concept as well as some of the basic evidence that David Yosifon and I first offered.

This post begins with the concept of “shallow capture,” which will provide a starting point from which subsequent posts in this series can build and draw contrasts. (Situationist artist Marc Scheff is providing the remarkable images at the top of each post in this series.)
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The basic story of regulatory capture has become so well known–indeed, such a truism–that we think it appropriate to begin as Steven Croley began his recent retelling: “You’ve heard all of this before.”