We have been writing about regulation lately because the regulatory state is one of the very biggest of all power-elite themes. The financial crisis has actively fanned the flames of regulation. But at some point, regulatory society must surely crosses the divide between democracy and authoritarianism (a democracy being bad enough but an authoritarian one being worse). Eventually, inexorably you end up with a kind of totalitarianism. And what then? Dominant social theme (nonetheless): the market
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