The concept of industry domination of regulatory agencies was well known and documented in the literature by the 1960s.
“Shortly after Senator Eugene J. McCarthy died in 2005 the age of 89, I became an honorary member of the committee starting a fellowship in McCarthy's name at his alma mater, Saint John's University in Collegeville, Minnesota.”
“That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems.”