Download or read book Corporate Welfare written by James T. Bennett and published by Routledge. This book was released on 2017-07-05 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the time of Alexander Hamilton's "Report on Manufactures" 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 "corporate welfare," 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 1930s 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 fourth export subsidies has its genesis in the New Deal but matured with the growth of the Export-Import Bank, which subsidizes international business exchanges of America'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.
Download or read book Cutting Corporate Welfare written by Ralph Nader and published by Seven Stories Press. This book was released on 2011-01-04 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this groundbreaking pamphlet, based on testimony he delivered before Congress, Ralph Nader describes how corporations are picking our pockets, and what we can do to stop them. While the United States continues to experience unprecedented cuts in social service programs and millions of Americans go without health insurance, massive corporations continue to reap huge sums of taxpayer money through "corporate welfare"—corporate subsidies, bailouts, giveaways, and tax escapes. Cutting Corporate Welfare details numerous appalling examples of corporate welfare, including: the giveaway of the public airwaves, which by definition belong to the people, to private radio and television stations (including the latest $70 billion gift of the digital spectrum); taxpayer subsidies for giant defense corporation mergers and commercial weapons exports to governments overseas; and the practice of making patients pay twice for drugs—first, as taxpayers subsidize the drugs’ development, and again, as patients, after the federal government gives monopolistic control over the chemical’s manufacture to a price-gouging drug company. Cutting Corporate Welfare sounds a wake-up call for those concerned about how we are being pick-pocketed by big business, and what we can do to stop it.
Download or read book Incentives to Pander written by Nathan M. Jensen and published by Cambridge University Press. This book was released on 2018-03-15 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policies targeting individual companies for economic development incentives, such as tax holidays and abatements, are generally seen as inefficient, economically costly, and distortionary. Despite this evidence, politicians still choose to use these policies to claim credit for attracting investment. Thus, while fiscal incentives are economically inefficient, they pose an effective pandering strategy for politicians. Using original surveys of voters in the United States, Canada and the United Kingdom, as well as data on incentive use by politicians in the US, Vietnam and Russia, this book provides compelling evidence for the use of fiscal incentives for political gain and shows how such pandering appears to be associated with growing economic inequality. As national and subnational governments surrender valuable tax revenue to attract businesses in the vain hope of long-term economic growth, they are left with fiscal shortfalls that have been filled through regressive sales taxes, police fines and penalties, and cuts to public education.
Download or read book Social versus Corporate Welfare written by K. Farnsworth and published by Springer. This book was released on 2012-03-27 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The greatest myth of modern times is the suggestion that capitalism and corporations do better with less government. The global economic crisis has certainly put paid to this idea. But the massive emergency state bailouts and interventions put in place from 2008 were unique only in their size and scale. Government programmes, designed to meet the needs of business, are not just everyday, they are everywhere and they are essential. Just as social welfare protects citizens from the cradle to the grave, corporate welfare protects and benefits corporations throughout their life course. And yet, in most countries, corporate welfare is hidden and underresearched. Drawing on comparative data from OECD states, this book seeks to shed light on the size, uses and importance of corporate welfareacross variouswelfare regimes.
Download or read book The Big Handout written by Thomas Kostigen and published by Scribe Publications. This book was released on 2012-05-23 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just reading the word ‘subsidies’ may cause many people’s eyes to glaze over. We don’t think it affects us directly, so we tune out. But it turns out that this complicated-sounding issue has an enormous impact on all of us. The Big Handout is about bad fiscal, environmental, agricultural, water, energy, health, and foreign policies. And it’s a story about just one thing — subsidies. A subsidy is a grant by the government to a private business that is deemed advantageous to the public. Cotton, wheat, corn, soy, and oil are the most subsidised commodities in the United States. In this eye-opening book, New York Times–bestselling author Thomas Kostigen explores government policies that cost US taxpayers $200 billion per year, or over $1,500 per household. In some cases, they pay more for subsidised goods than they’d pay in a free market — and, in the most shocking abuses of the subsidy system, they pay for goods that aren’t even produced. The Big Handout exposes how artificial pricing hurts US citizens and people worldwide, from our waistlines and pocketbooks to our health. By revealing just how toxic America’s subsidy system has become for everyone — including the way it distorts the prices of goods produced by genuinely free-trade countries such as Australia — The Big Handout is a wake-up call for farmers, consumers, and politicians.
Download or read book Louder Voices written by David Lewis and published by James Lorimer & Company. This book was released on 1972-01-01 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1972, federal NDP leader David Lewis launched an attack on Canada's corporate welfare system, citing the millions of dollars in government subsidies to the wealthy Aluminum Company of Canada, Canadian Westinghouse, and the Michelin Tire Company. Later Lewis added Shell Canada, Denison Mines, Cominco, Dofasco, Falconbridge, Bell Canada, Canadian General Electric and dozens of others to his list of corporate giants permitted by government to escape paying their fair share of income taxes. In Louder Voices: The Corporate Welfare BumsLewis provided the detailed facts and analysis supporting his charge that "government and big business are holding hands--in your pocket."
Download or read book The Corporation as Family written by Nikki Mandell and published by Univ of North Carolina Press. This book was released on 2002 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mandell examines the growth of corporate welfare programs around the turn of the 20th century. She argues that businessmen hoped such programs would transform conflict-ridden relations between management and labor into a harmonious partnership modeled after the Victorian family.
Download or read book Take the Rich Off Welfare written by Mark Zepezauer and published by South End Press. This book was released on 2004 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the first version of this book came out in 1996, on the heels of "Welfare Reform," it was received with great popular acclaim. As Jim Hightower put it, "At last, the real welfare scandal [is] revealed in one handy little -volume." But the scandal was still in the making. The total amount of taxpayers' money going to subsidize corporations and rich individuals has grown from about $448 billion to over $800 billion--and the amount of that tax money that comes from those flush companies and individuals continues to shrink. In this greatly expanded and updated version of Take the Rich off Welfare, Mark Zepezauer still details who's on the government dole and how much they're getting. This time around, though, he has slowed down his rapid firing of the latest names and numbers in order to reveal how it all works. Using accessible language and revealing graphics, he takes the time to explain how programs once intended to profit the public have been warped to benefit only the corporate bottom line; how administrations manipulate the tax code to slide their extortion from the bottom half past congressional oversight; and how the politicians from both parties employ budget doubletalk and paper trickery to make it look as if the economy isn't being sucked further into a sinkhole in order to line the pockets of the few. A prolific writer of humorous but cutting analyses of government policy and its fallout, Zepezauer provides us with the tools we need to expose the political chicanery of current and past administrations, and make it much more difficult for politicians to play Three Card Monte with our money and our future. To the rallying cry of fiscal conservatives who claim that government must shrink, Zepezauer offers an easy answer. Shrink you. Mark Zepezauer has worked as a journalist, editor and publisher since 1985. His articles, columns and reviews have appeared in the Village Voice, In These Times and the Arizona Daily Star. Zepezauer also wrote two Real Story books (now published by South End Press): The CIA's Greatest Hits (1994) and the first version of Take the Rich Off Welfare (1996), which have sold over 25,000 and 22,000 copies respec
Download or read book Capitalisms Compared written by John R. Bowman and published by CQ Press. This book was released on 2013-08-06 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: How different would Americans’ lives be if they had guaranteed access to health care, generous public pensions, paid family leave, high-quality public pre-school care, increased rights at work, and a greater say in how corporations are run? This one-of-a-kind book emphasizes that differences in policies and institutions affect the lives of citizens by comparing health, pension, and family policies, as well as labor markets and corporate governance in the United States, Sweden, and Germany. Demonstrating that the US model of capitalism is not the only one that is viable, Bowman encourages students not only to rethink their assumptions about what policy alternatives are feasible, but also to learn more about American capitalism through insightful contrast. Covering a wide range of policy areas and written in a crisp, engaging style, Capitalisms Compared is a perfect companion for courses in political economy and public policy.
Download or read book ICT for an Inclusive World written by Youcef Baghdadi and published by Springer Nature. This book was released on 2020-01-30 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the impact of information and communication technologies (ICTs) on organizations and on society as a whole. Specifically, it examines how such technologies improve our life and work, making them more inclusive through smart enterprises. The book focuses on how actors understand Industry 4.0 as well as the potential of ICTs to support organizational and societal activities, and how they adopt and adapt these technologies to achieve their goals. Gathering papers from various areas of organizational strategy, such as new business models, competitive strategies and knowledge management, the book covers a number of topics, including how innovative technologies improve the life of the individuals, organizations, and societies; how social media can drive fundamental business changes, as their innovative nature allows for interactive communication between customers and businesses; and how developing countries can use these technologies in an innovative way. It also explores the impact of organizations on society through sustainable development and social responsibility, and how ICTs use social media networks in the process of value co-creation, addressing these issues from both private and public sector perspectives and on national and international levels, mainly in the context of technology innovations.
Download or read book A Corporate Welfare Economy written by James Angresano and published by Economics as Social Theory. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although political rhetoric and public perception continue to assume that the United States is the very definition of a free market economy, a different system entirely has in actuality come to prominence over the past half century. James Angresano examines the characteristics of this Corporate Welfare Economy, both from the theoretical point of view but also with key reference to the different sectors of the economy - trade, manufacturing, industry and defense among them.
Download or read book Corporate Social Responsibility and the Welfare State written by Ms Jeanette Brejning and published by Ashgate Publishing, Ltd.. This book was released on 2013-01-28 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past four decades many European welfare states have seen an increasing involvement of the commercial sector in their mixed economies of welfare. One aspect of this development that has yet to be fully understood in social policy analysis is the engagement of businesses to address social problems, such as social exclusion, through activities labelled as 'corporate social responsibility' ('CSR'). Although CSR has gained increasing currency on both national and international policy agendas since the 1990s, it remains a topic which is predominantly researched in business schools and from a business perspective. This book aims to redress this imbalance by focusing on the social aspect of CSR. Based on interviews with a wide spectrum of people who work with CSR professionally in England, Denmark and in the EU Commission, the book argues that when CSR is linked to social exclusion it is a way of renegotiating responsibilities in mixed economies of welfare. The book also offers a comprehensive historical understanding of CSR as it traces the emergence and development of CSR in West European welfare economies as diverse as England, Denmark, Sweden, Norway, Germany and France. By situating CSR within the conceptual framework of the mixed economy of welfare and using Historical Institutionalism as a theoretical perspective to explore and explain the relationship between the welfare state and CSR, this book makes an innovative contribution to critical debates in comparative social policy.
Download or read book Liberalism and Cronyism written by Randall G. Holcombe and Andrea M. Castillo and published by Mercatus Center at George Mason University. This book was released on 2013-04-09 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political and economic systems either allow exchange and resource allocation to take place through mutual agreement under a system of liberalism, or force them to take place under a system of cronyism in which some people have the power to direct the activities of others. This book, published by the Mercatus Center at George Mason University, seeks to clarify the differences between liberalism and cronyism by scrutinizing the actual operation of various political and economic systems. Examples include historical systems such as fascism in Germany between the world wars and socialism in the former Soviet Union, as well as contemporary systems such as majoritarianism and industrial policy. By examining how real governments have operated, this book demonstrates why—despite their diverse designs—in practice all political and economic systems are variants of either liberalism or cronyism.
Download or read book Free Lunch written by David Cay Johnston and published by Penguin. This book was released on 2007-12-27 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of Perfectly Legal returns with a powerful new exposé How does a strong and growing economy lend itself to job uncertainty, debt, bankruptcy, and economic fear for a vast number of Americans? Free Lunch provides answers to this great economic mystery of our time, revealing how today's government policies and spending reach deep into the wallets of the many for the benefit of the wealthy few. Johnston cuts through the official version of events and shows how, under the guise of deregulation, a whole new set of regulations quietly went into effect-- regulations that thwart competition, depress wages, and reward misconduct. From how George W. Bush got rich off a tax increase to a $100 million taxpayer gift to Warren Buffett, Johnston puts a face on all of the dirty little tricks that business and government pull. A lot of people appear to be getting free lunches, but of course there's no such thing as a free lunch, and someone (you, the taxpayer) is picking up the bill. Johnston's many revelations include: How we ended up with the most expensive yet inefficient health-care system in the world How homeowners title insurance became a costly, deceitful, yet almost invisible oligopoly How our government gives hidden subsidies for posh golf courses How Paris Hilton's grandfather schemed to retake the family fortune from a charity for poor children How the Yankees and Mets owners will collect more than $1.3 billion in public funds In these instances and many more, Free Lunch shows how the lobbyists and lawyers representing the most powerful 0.1 percent of Americans manipulated our government at the expense of the other 99.9 percent. With his extraordinary reporting, vivid stories, and sharp analysis, Johnston reveals the forces that shape our everyday economic lives and shows us how we can finally make things better.
Download or read book Corporate Power Oligopolies and the Crisis of the State written by Luis Suarez-Villa and published by State University of New York Press. This book was released on 2014-12-09 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: The largest, wealthiest corporations have gained unprecedented power and influence in contemporary life. From cradle to grave the decisions made by these entities have an enormous impact on how we live and work, what we eat, our physical and psychological health, what we know or believe, whom we elect, and how we deal with one another and with the natural world around us. At the same time, government seems ever more subservient to the power of these oligopolies, providing numerous forms of corporate welfare—tax breaks, subsidies, guarantees, and bailouts—while neglecting the most basic needs of the population. In Corporate Power, Oligopolies, and the Crisis of the State, Luis Suarez-Villa employs a multidisciplinary perspective to provide unprecedented documentation of a growing crisis of governance, marked by a massive transfer of risk from the private sector to the state, skyrocketing debt, great inequality and economic insecurity, along with an alignment of the interests of politicians and a new, minuscule but immensely wealthy and influential corporate elite. Thanks to this dysfunctional environment, Suarez-Villa argues, stagnation and a vanishing public trust have become the hallmarks of our time.
Download or read book The Big Ripoff written by Timothy P. Carney and published by John Wiley & Sons. This book was released on 2011-01-13 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for THE BIG RIPOFF "Politicians like to say that government is on the side of the little guy. But with impressive documentation and persuasive examples, Tim Carney shows how government power and regulation are typically used to assist the powerful." -Paul A. Gigot Editorial Page Editor, the Wall Street Journal "Exposes the dirty little secret of American politics: how big businesses work with statist politicians to diminish the prosperity and freedom of consumers, taxpayers, and entrepreneurs. Carney employs top-notch writing ability, passion for liberty, and understanding of economics to demolish the myth that big business is a foe of big government. Everyone who seeks to understand who really benefits from big government should read this book, as should anyone who still believes that the interventionist state benefits the average person." -Congressman Ron Paul U.S. House of Representatives, 14th District of Texas "Small entrepreneurial businesses are the backbone success of our great economy. They are the biggest job and wealth creators. Is that why big corpocratic behemoth firms collude with big government for a liberal agenda of higher taxes and overregulation that will punish the small risk-takers? Tim Carney's new book describes how anti-business big business can be." -Lawrence Kudlow Host of CNBC's Kudlow & Company "Tim Carney explodes the myth that big business and big government are natural opponents. All too often, as he points out, they're both engaged in a common enterprise: picking your pocket." -Ramesh Ponnuru Senior Editor, National Review "A romping tour de force of the love affair between big business and big government from Teddy Roosevelt and the Robber Barons to Enron and the Kyoto Treaty. Indispensable for understanding how government regulation really works." -Donald Devine Grewcock Professor of Political Science, Bellevue University "Every CEO in America should read this book today, issue new directives to their bureaucrat-appeasing Washington lobbyist tomorrow, and join in the fight for economic liberalization." -Fred L. Smith, Jr. Founder and President, Competitive Enterprise Institute
Download or read book The Three Worlds of Welfare Capitalism written by Gosta Esping-Andersen and published by John Wiley & Sons. This book was released on 2013-05-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.