1st Edition

Corporate Welfare Crony Capitalism That Enriches the Rich

By James T. Bennett Copyright 2015
238 Pages
by Routledge

238 Pages
by Routledge

238 Pages
by Routledge

From the time of Alexander Hamilton's "Report on Manufactures" through the Great Depression, American towns and cities sought to lure footloose companies by offering lavish benefits. These ranged from taxpayer-financed factories, to tax exemptions, to outright gifts of money. This kind of government aid, known as "corporate welfare," is still around today. After establishing its historical... Read more

Acknowledgments

Foreword by Ralph Nader

1. Introduction and Overview

2. Alexander Hamilton, Canals, and Railroads

3. Corporate Welfare Takes Flight: How the SST Was Launched (and Shot Down)

4. The Great Giveaway: Economic Development, "Incentives," and the Corporate Welfare Wars

5. Corporate Welfare as Theft: How Detroit and General Motors Stole Poletown

6. A Reverse Robin Hood: The Derring-Do (on Behalf of Transnational Corporations) of the Export-Import Bank

7. Conclusion: Will It Ever End? Or Is There a Future for an Anti-Corporate Welfare Coalition?

Index

Biography

Bennett, James T.