Revolving door (politics)
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In politics, a revolving door denotes a situation where legislators, regulators, or personnel in the public sector move to a similar position in the private sector, where many work in fields related t
The metaphor of a revolving door has been used to describe people switching jobs, from working as lawmakers to being lobbyists, and vice versa.
Democratic Representative Dick Gephardt became a lobbyist in 2007 after he left office.
Regulatory capture
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In politics, regulatory capture is a form of corruption of authority that occurs when a political entity, policymaker, or regulator is co-opted to serve the commercial, ideological, or political inter
Revolving door (politics)
…revolving door, hence its name. Critics assert that such a relationship between the government and private sector can lead to conflict of interest and regulatory capture, based on the granting of reciprocated privileges between them. The term has also been used to refer to the constant switching and ousting of political…
Interstate Commerce Commission (ICC) as Barrier-to-Competition: Applications-to-Operate vs In-Operation