Capitalism is the driving force of almost everything that’s wrong in America. [1]
I agree that bailing out a corporation is not very capitalist, but that is not the primary goal of corporate lobbying. I believe it is mostly about keeping their industry legal, unregulated, low-taxed, etc.
If you were a corporation, becoming a monopoly would be your wet dream. As a company becomes richer and more powerful, it gains more influence over politics. It’s a feedback loop that gives them more and more power until they are monopoly. It’s not the government that drives this, it’s the corporations driving the government.
Capitalism is the driving force of almost everything that’s wrong in America. [1]
I agree that bailing out a corporation is not very capitalist, but that is not the primary goal of corporate lobbying. I believe it is mostly about keeping their industry legal, unregulated, low-taxed, etc.
Yes, and forming government-mantained monopolies, which kinda goes against capitalist principles
If you were a corporation, becoming a monopoly would be your wet dream. As a company becomes richer and more powerful, it gains more influence over politics. It’s a feedback loop that gives them more and more power until they are monopoly. It’s not the government that drives this, it’s the corporations driving the government.
That’s why the government should have cracked down on them before they bought their whole market instead of helping them become monopolies