Agency Quote by Paul A. Baran
“One would think that the record of already existing regulatory agencies is sufficiently eloquent in showing that it is Big Business that does the regulating rather than vice versa .”
About This Quote
Regulatory agencies often serve corporate interests, suggesting that big business influences regulation more than the reverse.
In simple terms: Big business shapes regulators.
Critically evaluate power dynamics.
Themes
Mood
Type
When to use this quote
- policy analysis
- activism
- business strategy
Key Concepts
Questions to Reflect On
- Who benefits from current regulations?
- How can public interest be protected?
Regulation can also curb corporate excesses.