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morriss00... morriss00...
 
M$1 May 11, 2009 06:39 PM

What do people mean when they use the phrase, "corporate socialism?"

Can you think of a company that benefits from corporate socialism?
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nadiraziz nadiraziz
 
 May 11, 2009 07:26 PM
Here's a great article on Corporate Socialism by Ralph Nader:
http://www.commondreams.org/views02/0718-02.htm

And here's a blog on the same topic:
http://en.wordpress.com/tag/corporate-socialism/

This article is in the opposite vein, with a take on Warner Bro's so-called Corporate Socialism:
http://www.infowars.com/warner-music-groups-corporate-socialism/

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Tags: socialism, corporate, taxpayer

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morriss003 morriss003
 
May 11, 2009 07:35 PM
I love it.

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cypheron cypheron
 
May 11, 2009 07:27 PM
It refers to a lopsided arrangement where private companies make a profit for their owners while the risk is assumed by the government. So for example when AIG underwrites a lot of bad things for a few years of profit and everything falls apart, the government gives them a handout.

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