A Plea to End Corporate Welfare
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 1 July 2014
⏱️ 20 minutes
🧾️ Download transcript
Summary
Crony capitalism, corporate welfare or corporatism. Whatever you call it, Ralph Nader believes he can assemble a coalition to end it. In his new book, Unstoppable, he tries to signal to libertarians, conservatives and progressives that there is broad agreement on protecting civil liberties, preventing wars and ending handouts to corporations.
Watch a video version of this live interview today July 1st at 6:00 p.m. Eastern right here.
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Transcript
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| 0:00.0 | This is the Cato Daily Podcast for Tuesday, July 1st, 2014. |
| 0:05.0 | I'm Caleb Brown. |
| 0:08.0 | In his new book, Unstoppable, the emerging left-right alliance to dismantle the corporate state, |
| 0:13.5 | Ralph Nader tries to identify opportunities |
| 0:16.3 | where libertarians, conservatives, and progressives |
| 0:19.0 | can work together to end and prevent wars, |
| 0:21.8 | protect civil liberties, and stop corporate welfare. |
| 0:25.2 | We spoke following an event for the book last week. |
| 0:28.0 | Part of your aim here is to have this broad discussion that you hope then translates into action that everybody agrees on, |
| 0:36.0 | people that are broadly agreed on certain aspects of essentially three things that are all the same thing, corporate welfare, crony capitalism, |
| 0:47.0 | and corporatism. So broadly, what are those things? |
| 0:52.0 | Well, they all reflect excessive power by |
| 0:55.8 | concentrated corporate institutions increasingly multinational over |
| 1:01.2 | our government and they reflect the strategic planning of |
| 1:05.8 | corporations representing commercial interests into area after |
| 1:10.2 | area of our life. Some of them should never be invaded by commercialism. |
| 1:17.0 | Corporations of commercialized childhood, they undermine parental authority, direct marketing to |
| 1:21.4 | three, four, five, eight five eight nine ten year olds food |
| 1:25.3 | and drink that's not good for them violent programming we know all about that |
| 1:29.6 | but we say why are they doing that it's just it's against our morals. It's against a parental |
| 1:36.2 | Control over children. Well, what does that have to do with the government issuing privileges to corporations and more directly. |
| 1:45.0 | Yeah, what it does is that these messages are over the public airways where the licenses are given by the Federal Communications Commission to broadcasters and we own the public |
... |
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