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Someone should write an updated book on Socialism for the rich, Corporate Socialism, regulatory capture, funding of politicians to get government benefits, the
by 1cvmask 6y ago
Someone should write an updated book on Socialism for the rich, Corporate Socialism, regulatory capture, funding of politicians to get government benefits, the political funding cycle and revolving door, politicians cashing in after leaving office, and the DC gravy train of the military industrial complex.
It is sending taxpayers money to the rich through multiple mechanisms like tax subsidies for mortgages, bank bail outs, government guarantees of different financial instruments (Fannie Mae, Freddie Mac etc..) etc....
A classic:
https://en.wikipedia.org/wiki/The_Calculus_of_Consent https://en.wikipedia.org/wiki/The_Calculus_of_Consent
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https://en.wikipedia.org/wiki/Public_choice https://en.wikipedia.org/wiki/Public_choice
- hirundo 6y ago> Someone should write an updated book on Socialism for the rich This article is from the Cato Institute, who have had a major focus on corporate welfare for many years. Here are 309 results from them on that topic: https://www.cato.org/corporate-welfare https://www.cato.org/corporate-welfare Here's their review of a six year old book about it: https://www.cato.org/blog/corporate-welfare-james-t-bennett https://www.cato.org/blog/corporate-welfare-james-t-bennett Spoiler: They don't think it's a good idea.