but the concept of big businesses owning regulators is a pretty universal rallying cry of the left.
And yet I very rarely see progressives or socialists offer up any solution to that other than expanding the power of the regulators.
Well, there's the obvious (though obvious != effective, of course) solution of making it even harder to get hired by a company that does work or the government after leaving a government job, and imposing stricter hiring rules on regulators. This is the idea behind rhetoric about "getting rid of the revolving door."
A response essay written by Eliezer Yudkowsky posted at Cato Unbound for the issue Brain, Belief, and Politics:
Is That Your True Rejection? by Eliezer Yudkowsky
The lead essay has been written by Michael Shermer:
Liberty and Science by Michael Shermer