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More direct government involvement can lead to specific areas of crony capitalism, even if the economy as a whole may be healthy.
Governments will, often in good faith, establish government agencies to regulate an industry.
However, the members of an industry have a very strong interest in the actions of a regulatory body, while the rest of the citizenry are only lightly affected.
As a result, it is not uncommon for current industry players to gain control of the " watchdog " and use it against competitors.
This phenomenon, known as regulatory capture, has a long history.

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