Corporate Welfare: Crony Capitalism That Enriches the RichFrom the time of Alexander Hamiltonâ s â Report on Manufacturesâ through the Great Depression, American towns and cities sought to lure footloose companies by offering lavish benefits. These ranged from taxpayer-financed factories, to tax exemptions, to outright gifts of money. This kind of government aid, known as â corporate welfare,â is still around today. After establishing its historical foundations, James T. Bennett reveals four modern manifestations. His first case is the epochal debate over government subsidy of a supersonic transport aircraft. The second case has its origins in Southern factory relocation programs of the 1930sâ the practice of state and local governments granting companies taxpayer financed incentives. The third is the taking of private property for the enrichment of business interests. The fourthâ export subsidiesâ has its genesis in the New Deal but matured with the growth of the Export-Import Bank, which subsidizes international business exchanges of Americaâ s largest corporate entities. Bennett examines the prospects for a successful anti-corporate welfare coalition of libertarians, free market conservatives, Greens, and populists. The potential for a coalition is out there, he argues. Whether a canny politician can assemble and maintain it long enough to mount a taxpayer counterattack upon corporate welfare is an intriguing question. |
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Inhoudsopgave
How the SST Was Launched and Shot Down | |
Economic Development Incentives and the Corporate | |
How Detroit and General Motors Stole Poletown | |
The DerringDo on Behalf of Transnational | |
Will It Ever End? Or Is There a Future for an AntiCorporate Welfare | |
Overige edities - Alles bekijken
Corporate Welfare: Crony Capitalism That Enriches the Rich James T. Bennett Gedeeltelijke weergave - 2017 |
Corporate Welfare: Crony Capitalism That Enriches the Rich James T. Bennett Gedeeltelijke weergave - 2017 |
Veelvoorkomende woorden en zinsdelen
administration aircraft Airlines Alexander Hamilton American SST Conflict aviation Bank’s benefits Boeing Boeing’s Cato Institute City of Detroit claims Clipped Wings Community Betrayed companies competition Congress congressional Constitution corporate welfare corporate welfare wars cost County critics crony capitalism Cuno defense development agencies dollars dormant Commerce Clause economic development eminent domain exemptions ExIm ExIm Bank ExportImport Bank exports factories favored federal government financing firms freemarket funding giveaways governmental grants Horwitch Ibid Immaculate Conception incentive package Industrial Development interests James Jeep Justice land Law Review legislative loan guarantees manufacturing Michigan Supreme Court million Motors Obama outofstate percent plant Poletown Poletown Neighborhood Council Policy political politicians President programs Project Horizon railroad Ralph Nader Republican Sallie James Senator September 30 sonic boom Soviet State’s subsidies supersonic transport Supreme Court targeted taxpayers Toledo trade United vote Washington writes Wylie York
Bibliografische gegevens
| Titel | Corporate Welfare: Crony Capitalism That Enriches the Rich |
| Auteur | James T. Bennett |
| Bijdrager | Ralph Nader |
| Uitgever | Transaction Publishers, 2015 |
| ISBN | 1412856175, 9781412856171 |
| Lengte | 237 pagina's |
| Citatie exporteren | BiBTeX EndNote RefMan |