The easiest way to define regulatory democracy is to look at what America has become. Initially, America was formed by its Constitution as a republic. This means, in part, that people did not have a direct vote as to who represented them. In the case of the Senate, state senators voted on representatives. Additionally, majority rule did not prevail when it came to electing presidents. Instead, an electoral college was created to determine the results of close elections and a candidate had to receive a majority of state delegates to the electoral college to win the presidency.
Over time this republican system has eroded. Most notably, Senators are now elected by majority rule in public votes and state senates have no say over the choice of federal senators. The balance of power in America has shifted, as well. Some of this has to do with the raw force of money power. Corporations are now recognized as humans by the Supreme Court and thus corporate money power has greatly perverted what was left of the republic. People are easily swayed by promotional messages (often delivered and reinforced by the mainstream media) and the transition to public schools has left government with a virtual monopoly over youth messaging, the theme of which is often globalist.
It is difficult to avoid the conclusion, if one looks closely at how the US system of governance has evolved, that the evolution of regulatory democracy was simply one of happenstance. The defining moment of the republic was the Civil War, when states tried to secede and were restrained. After this the various facets of regulatory democracy were erected with efficiency.
If we look at American regulatory democracy today – as it has evolved from a republican form of government – it is marked most notably by overwhelming federal force. In opposition to the core tenets of the US Constitution, federal power continually devolves to the executive branch of government and the shadowy elites that stand behind the executive branch. One could argue that a hallmark of regulatory democracy is the constant centralizing of power within the executive branch even as power is withdrawn elsewhere.
A second aspect of regulatory democracy is that regulations themselves are promulgated by a variety of extra-governmental entities over which voters have no direct control. Regulations offer the illusion of fairness and a level playing field but in actuality, the regulators suffer from regulatory capture in which the largest regulated entities essentially run the regulators at the expense of smaller players.
In a fully developed regulatory democracy, power has passed entirely from citizens into the hands of a shadowy elite that runs the country via mercantilism, by pulling the regulatory levers of government for its own benefit. The more regulations there are, the more actual control this elite has. Finally, citizens are entirely bound by regulation; their every action controlled by an unelected bureaucracy and their lives tightly ruled by what they can and cannot do. Their estates are stripped by taxes; their children come under the mind control of public schools; their sons and daughters, having matriculated, join the military for lack of better employment and are sent overseas to pursue foreign wars; their professional venues are controlled by the options offered to them by regulatory democracy – and these venues often reinforce the worst and most petty aspects of the degenerating society itself.
Every regulation, of course, is a price fix, and price fixes distort the economy and lower the quality of life for all. The more regulations there are the worse the quality of life becomes, the more unemployment rises and lawlessness and corruption rule the day. Regulation makes criminals out of honest individuals and encourages the schisming and fractioning of society into bitter, competitive groups. Regulation holds out the promise of better living by making society fairer and more lawful, but in actual fact, advanced regulatory democracies are among the most lawless, brutal and predatory societies. Republics are a viable form of government; regulatory democracies create a true Hell-on-earth.