Regulators shifting attitudes towards industry

Addiction Economy Thought for Today - I definitely see a shift from ‘partnering with industry’ which was all the rage a few years ago (not least because they’re the ones with the money) to proposing they have no involvement in any political or academic process.

Our work on the addition economy shows that their influence on research, policy and regulation does result in actions that are more in their favour than in the public interest.

Intrigued as to where this takes things like at Christopher Hodges OBE collaborative regulation, which rightly also points out that if you were trying to regulate people understanding how they work and so having them round the table is a good idea.

Our ‘Pro-society’ research and regulation work was often looking at more ordinary businesses and ordinary challenges where the public interest and business interest are perhaps a bit more closely aligned. Also, sometimes it is important that Business flourishes, but that comes with the question at the expensive of who?

I think with our addiction economy companies and oil companies the the costs to society are too great to have their influence shift the balance in their favour.

Another example here you will I am sure be onto Nita Farahany