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An iron triangle relationship can result in regulatory capture, the passing of very narrow, pork-barrel policies that benefit a small segment of the population. The interests of the agency's constituency (the interest groups) are met, while the needs of consumers (which may be the general public) are passed over.
In politics, regulatory capture (also called agency 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 interests of a minor constituency, such as a particular geographic area, industry, profession, or ideological group.
Corruption is a form of dishonesty or a criminal offense that is undertaken by a person or an organization that ... Iron triangle; Judicial; Kleptocracy; In local ...
Iron Triangle, also known as Project triangle or Triple Constraint, a project management concept Iron triangle (US politics) , a concept in U.S. politics involving a three-sided relationship among Congress, a Federal department or agency, and a particular industry or interest group
Corruption in the United States is the act of government officials abusing their political powers for private gain, typically through bribery or other methods, in the United States government. Corruption in the United States has been a perennial political issue, peaking in the Jacksonian era and the Gilded Age before declining with the reforms ...
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This industrial climate is attractive for ex-government officials. It can also mean substantial monetary rewards for the lobbying firms and government projects and contracts in the hundreds of millions for those they represent. [4] [5] [6] An example is the revolving door between U.S. politics and military industry.
In March, a mother was horrified to find a pedophile symbol on a toy she bought for her daughter. Although the symbol was not intentionally placed on the toy by the company who manufactured the ...