Neoliberal action harmful to the broader public interest doesn't prevent the existence of regulatory actions that are similarly harmful to the public interest and the proponents of one are generally proponents of the other, at least from my vantage point.

Glass Steagal was regulation in the public interest; was it's repeal neoliberal deregulation or simply corporate crony regulation not in the public interest? Whichever label best suits it was clearly action that wasn't in the best interests of society.

At the root of all this is, at a minimum, is the battle for power and economic primacy between state and corporate interests. Under the general category of influence peddling we have politicians who will employ either as it suits.

Must dash.