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Bill Fulkerson

How To Think About Corporate Bailouts Correctly - People's Policy Project - 0 views

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    Due to an aversion to socialist rhetoric about "capitalists" or even "the wealthy," American populist lingo tends to focus on "corporations" as the great evil. We talk about "corporate power" and "corporate concentration" and "corporate influence" and "corporate money" and "big corporations" instead of talking about "the capitalist class" or "the ownership class." This kind of metonymy is, I suppose, fine in most cases. But sometimes taking it too literally can lead people astray when thinking about appropriate policy measures.
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