Jesse, you ignored your Hegel, thesis, antithesis, synthesis! Now I will excerpt and explain James Galbraith's (JG) 2006 article using Hegel's dialectic.
"The doctrines of the 'law and economics' movement, now ascendent in our courts, hold that if people are rational, if markets can be 'contested,' if memory is good and information adequate, then firms will adhere on their own to norms of honorable conduct. ... It's a strange vision, and if we weren't governed by people like John Roberts and Sam Alito, who pretend to believe it, it would scarcely be worth our attention. ... Dollars command the world's goods, rupees do not; membership in the dollar economy makes every working American, to some degree, complicit in the capitalist class. ... The predatory class is not the whole of the wealthy; it may be opposed by many others of similar wealth. But it is the defining feature, the leading force. And its agents are in full control of the government under which we live. ... They include the misanthropes who led the campaign to abolish the estate tax. ... For in a predatory regime, nothing is done for public purposes. Indeed, the men in charge do not recognize that 'public purposes' exist. ... The predatory-prey model explains some things that other models cannot: in particular, cycles of prosperity and depression. ... The predatory model can also help us understand why many rich people have come to hate the Bush administration. For predation is the enemy of honest business. In a world in which the winners are all connected, it's not only the prey who lose out. It's everyone who hasn't licked the appropriate boots. Predatory regimes are like protection rackets: powerful and feared, but neither loved nor respected. They do not enjoy a broad political base. ... Predators compete not by following the rules but by breaking them. They take the business-school view of law: Rules are not designed to guide behavior but laid down to define the limits of unpunished conduct. ... Black was the lawyer/whistle-blower in the Savings and Loan and Keating Five scandals; he later took a degree in criminology. His theory of 'control fraud' addresses the situation in which the leader of an organization uses his company as a 'weapon' of fraud and a 'shield' against prosecution--a situation with which law and economics cannot cope. ... For instance, law and economics argues that top accounting firms will protect their own reputations by ferreting out fraud in their clients. ... How can the political system reform itself? ... How can we get modern economic predation back under control, restoring the possibilities not only for progressive social action but also--just as important--for honest private activity? Until we can answer those questions, the predators will run wild", my emphasis.