Quote:
Originally posted by Macheath
Corporate welfare should be designed to protect fledgling industries getting on their feet, willing to take that brave step into the free market when they're good and healthy.
|
Nope! By protecting certain industries, you are damaging other industries, because you are diverting away resources.
This means that the government has to start making decisions about which industries are likely to do well in the future, but there is no reason that the government would know that better than the free market.