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The directors of government agencies "often come from the industries they are supposed to regulate, and they return to those same industries when they leave the government. This 'revolving door' between business and government obviously undermines the public interest. It brings in many people who are more sympathetic to the interests of the corporations than the public, and it makes many regulators fearful of risking their economic future by offending corporations that might someday offer them a high-paying position."This quote describes...
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