4 ms·
What is increasing state control of the economy? If offering tax breaks to a company to get it to offshore fewer jobs (but not all) is not state control of the
by rm_-rf_slash 10y ago
What is increasing state control of the economy?
If offering tax breaks to a company to get it to offshore fewer jobs (but not all) is not state control of the economy, then what is it?
- mi100hael 10y agoIt's buying corporate assets and shares in order to keep failing companies afloat and forcing out CEOs whom they view as under-performing. It's passing a law forcing every single individual in the country to spend their own money purchasing a particular, expensive service from a corporate provider. Tariffs were the first major thing the first US congress implemented to ensure domestic manufacturing could be established and compete with what were up until then cheap imports.
- skylan_q 10y agoThis practice has been in place for the past 50+ years and practiced by all advanced and developing economies. The question is to what end will this be done, and will it be effective in reaching that end?