• Asafum
    163·
    2 months ago

    Ah yes the Koch Cato foundation… This is libertarian spending bashing nonsense…

    Yes, corporate handouts suck but as long as this is going to be forced to be a capitalist society, we’re going to need incentives to “convince” businesses into changing their production into things we need to focus on that aren’t purely for profit…

  • AbouBenAdhem@lemmy.worldEnglish
    73·
    2 months ago

    Corporate economic entrenchment breeds corruption, whether the government is involved or not. Subsidies aimed at reinforcing the status quo will speed up that process, but subsidies aimed at changing corporate behavior (like Biden’s climate-related subsides which the article is criticizing) can potentially slow it down.

    • Nougat@fedia.io
      162·
      2 months ago

      (like Biden’s climate-related subsides which the article is criticizing)

      I wonder why?

      The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch,[5] chairman of the board and chief executive officer of Koch Industries.

      https://en.wikipedia.org/wiki/Cato_Institute

      Oh, that.