A simple working example of how this game is played is that the capitalists are the players and the government is the referees.
There is the field, here are the rules and boundaries. The players will take the win to the limits and the referees will keep everyone in bounds.
That works until the referees want to be the players and government goes into business for itself with taxpayer money. The government and worse, politicians, who must generate enormous amounts of money to stay in office, selectively or dismissively enforce the rules (the SEC) and corruption of the system is at hand. The politicians then have opportunity to campaign more rules to cover up the inadequacy of the rules which they did not enforce. That also rewards the “free press” for the controversy and penalizes the crowd with guilt and taxes.
