10 Left Wing Economic Misconceptions
Money in Politics-
What the Left believes: Corporations exert control of our economy through Congress by bribing lawmakers with campaign contributions or lobbyist dollars.
The Truth is: It is the excessive regulation and market intervention by the government which creates the conflict of interest to begin with. Without government heavily involved in certain industries, companies would have no incentive to try and influence lawmaking. It’s the fact that government sets rules that will ultimately affect the market that companies become motivated to spend money to influence just what those rules will be and how they’ll be enforced. I explain further in a previous piece I wrote here. The truth is that the Left wing policies that aim to steer the economy are the reason why corporations are able to buy influence. The answer is to limit government influence in the economy, not to limit people’s right to support candidates with their own money.
Who Exploits You More: Capitalists or Cronies?
[youtube height=”HEIGHT” width=”WIDTH”]https://www.youtube.com/watch?v=kJeuoMh46JY[/youtube]
