regulatory capture

I keep looking for well-articulated insight that captures the frequently distressing 21st century zeitgeist.  Here is a quote from a New York Review of Books article by Zadie Smith:

"... complicit in this new, shared global reality in which states deregulate to privatize gain and re-regulate to nationalize loss."

Takes the concept of "regulatory capture" to another level.

article here: http://www.nybooks.com/blogs/nyrblog/2012/jun/02/north-west-london-blues/