> not shady side hustles and market manipulation at the cost of the collective
To be clear, I'm not describing this as legitimate self-interested conduct. Elections are an alignment mechanism. Stiff penalties for corruption another. We don't have the latter in America.
This is a true Scotsman’s fallacy. “Legitimacy” of self-interest is fluid and subjective.
Which means self-interest and collective interests are often at tension rather than alignment.