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Tuesday, December 27, 2005

Has Business Ever Met A Business Subsidy It Didn't Like?

“[T]he free market does not exist. In every nation the corporations hold out their begging bowls and tax-payers line up to fill them. We are the ragged-trousered philanthropists of the 21st century, the comparatively poor obliged to sponsor the rich.”

This is some of what George Monbiot had to say in the Guardian of December 13. Advocates of the free market must begin to pay as much attention to corporate welfare as we do to other forms of welfare, which often are miniscule compared to the business variety.

Read more here.

Hat tip: Larry Gambone at Porcupine blog

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