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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Murrey Walker who wrote (7088)	1/19/2012 1:08:50 PM
From: Steve Lokness	Read Replies (2) \| Respond to of 85487

<<<And that's not corporatalism >>>> Corpratalism to me is giving multi country conglomerates incentives (usually through legislation - because their money influences legislative outcomes) that give them advantages which taxpayers are responsible for. The latest examples are the TARP money going to investment banks - AIG might be a better example. But a fuzzy example is WalMart. If employees at WalMart don't have health care - and are payed such a low price that the employee can't buy it - then the result is that taxpayers get stuck with the tab. That, like TARP, is corpratalism because part of the employee cost assoctiated with achieving a profit at WalMart is socialized.