As I scrolled through my Facebook news feed, I discovered the following artwork here, being shared by the page, “AnarchyBall,” and originally posted it to my own wall, along with commentary…
“This just in. Free market capitalism does not include: a government monopoly over the money supply, corporate bailouts and subsidies, taxation, redistribution of wealth, wage & price setting, protectionism, tariffs, and regulations.”
My Commentary: The phrase you’re looking for is “crony capitalism”…
The following correspondence originally took place on my Facebook wall, upon my post, “The World’s Easiest Economics Quiz”…
Rayn: Do you even critically think, bro? 😉
“The World’s Easiest Economics Quiz:
The government _____________ corporations.
a. charters
b. grants personhood to
c. mandates sales for
d. creates price floors for
e. regulates industries to eliminate competition for
f. allows former employees to regulate their own
g. responds to lobbying by
h. bails out
i. subsidizes
j. is comprised of politicians whose campaigns are financed by
k. all of the above
2. Therefore, corporations are best policed by _____________.
a. the government
b. none of the above”
Daniel F.: If anything it’s gotten to the point where it’s the corporations policing the government.
As I scrolled through my Facebook news feed, I discovered the following artwork here, being shared by the page, “Free Talk Live,” and originally posted it to my own wall, along with commentary…
“The World’s Easiest Economics Quiz:
The government _____________ corporations.
a. charters
b. grants personhood to
c. mandates sales for
d. creates price floors for
e. regulates industries to eliminate competition for
f. allows former employees to regulate their own
g. responds to lobbying by
h. bails out
i. subsidizes
j. is comprised of politicians whose campaigns are financed by
k. all of the above
2. Therefore, corporations are best policed by _____________.
a. the government
b. none of the above”
My Commentary: Do you even critically think, bro? 😉
The following correspondence originally took place upon the Facebook wall of family, after they posted artwork being shared the page, “Young Americans for Liberty“…
Genaire:
“WELFARE: When you love strangers so much that you’re willing to have government steal money from another stranger to help them out.”
Rayn: WELFARE: When you love *CORPORATISM* so much that you’re willing to have the government steal money from the entire population to line the pockets of billionaire CEOs.
According to the CATO Institute, the U.S. federal government spent almost $97 billion of our tax dollars on corporate welfare during fiscal year 2012:
https://www.cato.org/publications/policy-analysis/corporate-welfare-federal-budget
The most regular recipients of corporate welfare include BOEING, XEROX, IBM, MOTOROLA, DOW CHEMICAL, GENERAL ELECTRIC, APPLE, McDONALD’S, and WALMART:
https://www.cato.org/publications/policy-analysis/corporate-welfare-state-how-federal-government-subsidizes-us-businesses
Apple, Walmart, McDonald’s: They All Stiff Their Workers as They Get Subsidized by Taxpayers:
http://truth-out.org/buzzflash/commentary/item/18113-apple-walmart-mcdonald-s-they-all-stiff-their-workers-as-they-get-subsidized-by-taxpayers
