Showing posts with label Big Business. Show all posts
Showing posts with label Big Business. Show all posts

Jul 9, 2021

Tim Carney on the symbiotic relationship between Big Business and government

Big business and big government are not enemies that a lot of people think they are...  When government gets bigger, whether it's through spending or taxes or regulation, the big guys - big business - benefits.

~ Tim Carney, "John Stossel: Big Business Loves Big Government," YouTube, 0:05 mark, July 6, 2021



The New York Times admits that government protects Big Business from smaller competitors

The economy suffers from a lack of fair competition, many economists believe.  Large corporations are often able to increase profits not by providing better products than their rivals but instead by being so big that they exercise power over workers and consumers.  The government also plays a role, through policies that protect existing companies at the expense of start-ups and new entrants into an industry.

~ The New York Times, July 9, 2021