About Deep Capture
The Deep Capture website was created to bypass the “captured” institutions that mediate our nation’s discourse. It was initially funded by Patrick Byrne, CEO of Overstock.com, but it is not part of Overstock. It functions as a separate, limited liability media company.
Public choice theory describes a phenomenon whereby industries take control of, or “capture”, regulators who are supposed to oversee them. The claim of this website is that powerful actors have been able to influence or take control of not just the regulators, but also law enforcement, elected officials, national media, and the intellectual establishment.
It is our mission to expose this “deep capture.”
Dr. Patrick M. Byrne
Patrick received a bachelor’s degree in philosophy and Asian studies from Dartmouth College, a master’s in philosophy (ethics) from Cambridge University as a Marshall Scholar, and a doctorate in philosophy (focusing on political theory, jurisprudence, and economics) from Stanford University. He has taught at the university level and frequently guest-lectures on business, the Internet, leadership and ethics.
Patrick served as chairman, president and CEO of Centricut, LLC, a manufacturer of industrial torch consumables, then held the same three positions at Fechheimer Brothers, Inc., a Berkshire Hathaway company that manufactures police, firefighter and military uniforms. Patrick Michael Byrne is the chairman and CEO of Overstock.com, Inc., a Utah-based internet retailer that has been publicly traded since 2002.
In 2001, Patrick began Worldstock.com, Overstock.com’s socially responsible store for products handcrafted by artisans from developing nations and rural areas of the USA. To date, more than $30 million has been returned to Worldstock’s artisan suppliers.