It’s not wrong to say regulatory capture is a problem, it just doesn’t go far enough. The US government was never not captured by the bourgeoisie, because the US was born of a bourgeois revolution[1]. The wealthy, white, male, land-owning, largely slave-owning Founding Fathers constructed a bourgeois state with “checks and balances” against the “tyranny of the majority”. It was never meant to represent the majority—the working class—and it never has, despite eventually allowing women and non-whites (at least those not disenfranchised by the carceral system) to vote. BBC: [Princeton & Northwestern] Study: US is an oligarchy, not a democracy

The game is rigged. The election cycle’s pomp and circumstance is to divert your energy and attention from the fact that it’s a big club, and you ain’t in it.