The One Political Issue That Unites All of Us

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Mr. Beat explains corporate welfare. I mean, he tries to, at least. He really does try.

Here's an annotated script with footnotes:

Sources/further reading:
Republic, Lost by Lawrence Lessig
Cutting Corporate Welfare by Ralph Nader
The System: Who Rigged It, How We Fix It by Robert Reich

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#corporatewelfare #cronycapitalism #politics
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Why do _you_ think corporate welfare is not brought up that often in political discourse?

iammrbeat
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"Privatize profits and socialize losses"

I wish every American got a pie chart each year showing them how their tax dollars were spent.

fire_tower
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Theodore Roosevelt would be so disappointed if he knew big corporations got power again.

Benjifan
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One of Bernie Sanders main talking points was against big business. Both them not paying taxes, them being monopolies, etc. And he was popular, even doing well on his Fox News appearances. But the Democratic party conspired both times to make Bernie look super radical and unelecetable because they're in the pocket of big businesses. So yeah...

jojodelacroix
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Any time I hear a corporation described as "too big to fail", I think it might be time for that corporation to be broken into smaller pieces that can fail.

caterry
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Makes perfect sense since both political parties are corporate owned. Corporate lobbyists write the bills that often later becomes laws. We are no longer a Republic, but an corporatocracy led by a super rich oligarchy.

PaulHosse
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The nerve to pay out bonuses by using bailout money from the taxpayer is a level of evil that is almost impressive.

AdamVassGal
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I never understood why the idea of a family with nothing being given a thousand dollars is outrageous, while the cruelest and laziest and wealthiest of us all being given a billion dollars is somehow a good thing.

TukaihaHithlec
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Polititians have the audacity to give out money to big businesses, especially those failing, and then scream on the media that "the free market has failed us".

embar
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My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

gingerkilkus
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Issues like this is one of the reasons why I hate mainstream news. I’m tired of people arguing over non issues.

kori
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Corporate welfare is the one issue that unites us, Yet little is ever done about it

TihetrisWeathersby
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End lobbying. Bring back democracy without private financing of campaigns

franciscoacevedo
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"And the rest of us? We're not on that team"

This concept needs to be understood by more people, the primary goal of corporations will always be to enrich themselves and expand their power and influence, and when corporations are (now legally) allowed to influence politics, the government will inevitably neglect anybody who isn't "on that team"

comradepetri
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I like how you said near the end, “the left tends to criticize the businesses, the right the government, but what some don’t realize is those groups are often on the same team; a team which none of US are on”

This is so true. Looking at politics itself, both political parties even have things they do to play for this super-team of the government and big businesses, which lends some credibility to the phrase “2 wings, 1 albatross.” The albatross preys upon the people and keeps us divided under each of its wings, and obscures its true intentions with partisan garbage that in the end is relatively trivial.

I wish the general populace could see this and understand we all have a common enemy to wrangle. The combined force of Big Corp & the federal government is extremely powerful and oppressive and needs to be culled, from both halves of the whole.

Atchfam
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As a UAW member on the edge of a strike due to corporate greed, and the fact they consume our tax dollars and tell us that its our fault they might go bankrupt while making 21 billion combined in the first 6 months of this year really makes this video hit home.

alect
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the fact that the government still gives the fossil fuel industry free money despite everything is absolutely insane to me

deltacat
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I live in Wisconsin, where the state, Racine county, and the community of Mount Pleasant shamelessly put together an enormous package to lure Foxconn into the area. Guess what? After driving homeowners out of their homes, tearing down the houses, putting in millions of dollars in electric, water & sewage, and road infrastructure, and negotiating a huge water agreement for millions of gallons a day of water from Lake Michigan, Foxconn changed their minds. Instead of 16, 000 jobs, less than 150 have been created. No need for the planned ramp up in education and housing infrastructure. It was all a money grab.

jenniferburns
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Being a guy that runs a small to medium-size Corporation the issue or problem that I regularly see is the people that are writing these laws have never run a business before. So when a company gives these politicians a decent song-and-dance as to how it benefits society and prove jobs or does things of that nature they really have no clue whether that's true or not.

I see the desire to bring more jobs and to help the economy but I definitely feel that oftentimes it always ends up very inefficiently spent with little to nothing to show.

InvestmentJoy
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Anyone watching after President Musk and Vice President Trump won?

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