David Friedman may be an anarcho-capitalist, but the following
statements of his, quoted on the Adam Smith Institute's blog, capture very well the way in which the agendas pushed by special interest groups tend to work out in practice.
"Special interest politics is a simple game. A hundredThis is a bit of an oversimplification of
people sit in a circle, each with his pocket full of pennies. A
politician walks around the outside of the circle, taking a penny from
each person. No one minds; who cares about a penny? When he has gotten
all the way around the circle, the politician throws fifty cents down
in front of one person, who is overjoyed at the unexpected windfall.
That process is repeated, ending with a different person. After a
hundred rounds everyone is a hundred cents poorer, fifty cents richer,
course; what makes special interest politicking especially pernicious
in real life is that some people are made far better
off for having engaged in it, with the most successful raking in
hundreds of millions or even billions of dollars from it, while the
costs to the rest of the populace tend not only to be diffuse but also
opaque to reckoning.