so, socialists broadly argue that the progressive insistence that you can regulate capitalism is based on the flawed idea that there are just bad people in bad places, and once you put an eye on them then everything will be ok. we argue that this is wrong because the problem isn't the individual people in the equation, but rather the system that created them and put them there. so, we don't argue for regulation, we argue for revolution; you can't fix the system, you need to tear it down.

so, it's not that power corrupts people. that's what warren would say, and is maybe how she's rationalizing this. rather, it's that people are only minor players in a system that functions around corruption as it's operating procedure. it's not that good people are corruptible, it's that it's impossible to uncorrupt the system.

but, i've noticed a few people point this out before - warren likes to write rules. she doesn't like to follow them, though. she might think that's pragmatic - because she thinks she's special - but smart people should realize that that's dangerous.

we have a rule of law for a reason, and everybody needs to follow it, even the self-appointed vanguard.

https://www.jacobinmag.com/2019/09/working-families-party-elizabeth-warren-endorsement