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If that's the case, it's not a free-market economy, and you won't get those benefits of the free-market economy.
by travisp 9y ago
If that's the case, it's not a free-market economy, and you won't get those benefits of the free-market economy.
- asveikau 9y agoIt's weird to me to see "if that's the case" followed by an explanation of a possible bad outcome, written as if nobody has said this and it needs an explanation. It's a quite old idea. I have for many years heard the political left decry: we get socialism for the rich and capitalism for the poor. The Wikipedia page on "corporate welfare" says Ralph Nader used the term in 1956 -- which is much older than I thought having only been exposed to it ~20 years ago.