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> To Schmidt, and 130,000+ other people on Google's corporate welfare You are probably using the wrong expression. Corporate Welfare means Welfare for Corpor
by ClumsyPilot 4y ago
> To Schmidt, and 130,000+ other people on Google's corporate welfare
You are probably using the wrong expression.
Corporate Welfare means Welfare for Corporations. So it's when a government bestows money grants, tax breaks, or other special favourable treatment for corporations.
It is nothing to do with employees, not paying excessive salaries, or keeping unproductive ones around.
It does not imply that main beneficiaries are employees, typically it's about C-suite and shareholders.
- hedora 4y agoGoogle’s the primary beneficiary of the DMCA, and also the US’s criminally lax privacy laws. Sounds like corporate welfare to me.
- ClumsyPilot 4y agoThe way I understood that sentence, was that Google is providing Corporate Welfare to 130,000+ of it's employees.
- baq 4y agoA better term is adult daycare.
- deleted 4y ago[deleted]
- IntelMiner 4y agoI'd say Disney is the primary beneficiary of the DMCA, and copyright law in general But that's more just a condemnation on how sickeningly large American media empires are now
- hedora 4y agoThe DMCA lets google crowdsource “upload disney’s catalog to youtube, slap ads on them, and profit while cementing our monopoly”. It also let’s them arbitrarily hobble open source web browsers and android forks with DRM. Disney was much better off under the old regime, where they could have collected statutory damages from Google each time a movie was uploaded to YouTube.
- deleted 4y ago[deleted]