From the Privatization Blog:
Even from a conservative, free-market perspective,
government subsidies for businesses distort markets,
foster monopolies, undermine competition, and reduce
efficiency. The same complaints that business advocates
make about the welfare system apply to government
programs to help businesses - the vicious cycle of
dependence, the lack of incentive to work hard or face
difficult choices, the inevitable favoritism (some businesses
get taxpayer subsidies, others miss out, and those that do
have an unfair advantage over competitors who might
otherwise win in a free marketplace). It has a chilling
effect on market-driven innovation, improvements in
efficiency, or "creative destruction."
thanks warren
Subscribe to:
Post Comments (Atom)
The blog and data is excellent and informative as well. web design
ReplyDelete