Gurley states capitalism and democracy corrupt each other over time through prolonged commingling.
“capitalism and democracy corrupt each other over time. Like at the starting state, everything's fine. But as they get to commingle for a really, really, really long period of time”
Gurley cites D.C. council member whose jailed ex-chief of staff took taxi fleet bribes still deciding regulation.
“C, his former chief of staff is in jail because he took a bribe from the taxi fleet, you know, like two years ago, and he's still on the commission that's deciding these things.”