Mises Wire

Facebook icon
LinkedIn icon
Twitter icon
Home | Blog | Using the State to Benefit Your Enterprise

Using the State to Benefit Your Enterprise


Tags Taxes and SpendingInterventionism


Several months ago I detailed the corrupt foundations underlying the chaebol's in Korea, it seems that Samsung (the grand daddy of them all) is being accused of: "mastermind[ing] a campaign to raise slush funds to pay prosecutors, judges and lawmakers and influence a high-profile court case." And even if they are found innocent of these crimes, these conglomerates are all guilty of living at the expense of taxpayers (e.g., subsidies, artificially low interest rates, special regulatory privileges). See also: Government & Big Business Ron Brown's Corporate Welfare Scam Conundrums in Korea

Jim Fedako, a business analyst and homeschooling father of seven, lives in the wilds of suburban Columbus. Send him mail.

Add Comment

Shield icon wire