Quote:
Originally posted by Ace_of_Lobster
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.
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I believe Macheath is drawing a distinction between assisting fledgling corporations versus granting "wealthfare" to already established, wealthy corporations.