How I Became a Libertarian

Re:How I Became a Libertarian by 1cvmask on Sunday May 02, 2021 @09:38AM (#27015187)

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/Public_choice

[ Parent | on HN ]

Re:How I Became a Libertarian by hirundo on Sunday May 02, 2021 @10:18AM (#27015524)

> 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

Here's their review of a six year old book about it:

https://www.cato.org/blog/corporate-welfare-james-t-bennett

Spoiler: They don't think it's a good idea.

[ Parent | on HN ]