The problems are legion - not just with copyright law, but with patent law and Internet neutrality and many other issues. Over and over again we find the political/regulatory system not just failing to support the public interest, but actively working to undermine it. The FCC and the SEC come to mind, in addition to the U.S. Patent and Trademark Office.
Lessig describes it as "corruption" of the political process. He writes, "I don't mean corruption in the simple sense of bribery. I mean 'corruption' in the sense that the system is so queered by the influence of money that it can't even get an issue as simple and clear as [copyright] term extension right. Politicians are starved for the resources concentrated interests can provide. In the U.S., listening to money is the only way to secure re-election. And so an economy of influence bends public policy away from sense, always to dollars."
So he's going spend the next decade, he says, trying to solve the problem: "I do this with no illusions. I am 99.9% confident that the problem I turn to will continue exist when this 10-year term is over. But the certainty of failure is sometimes a reason to try. That's true in this case."
I'd agree that until government, and Congress in particular, gets treatment for its abuse problems, we'll continue to get a lot of bad law. But I am heartened by the mere fact that someone as insightful and effective as Lessig is paying attention to the problem. In fact, I have some hope that with people of the intellect and character of Lessig and Bill Moyers paying increasing attention to this corruption problem, we may be within range of a tipping point toward real change.
All you have to do is read Lessig's "Disclosure Statement and Statement of Principle, 1.1 to know that if we could get a few congressmen to even consider that kind of ethical behavior we'd be making progress.