In this groundbreaking pamphlet, based on testimony he delivered before Congress, Ralph Nader describes how corporations are picking our pockets, and what we can do to stop them.
While the United States continues to experience unprecedented cuts in social service programs and millions of Americans go without health insurance, massive corporations continue to reap huge sums of taxpayer money through "corporate welfare"—corporate subsidies, bailouts, giveaways, and tax escapes. Cutting Corporate Welfare details numerous appalling examples of corporate welfare, including: the giveaway of the public airwaves, which by definition belong to the people, to private radio and television stations (including the latest $70 billion gift of the digital spectrum); taxpayer subsidies for giant defense corporation mergers and commercial weapons exports to governments overseas; and the practice of making patients pay twice for drugs—first, as taxpayers subsidize the drugs’ development, and again, as patients, after the federal government gives monopolistic control over the chemical’s manufacture to a price-gouging drug company.
Cutting Corporate Welfare sounds a wake-up call for those concerned about how we are being pick-pocketed by big business, and what we can do to stop it.
About the Author
Ralph Nader is an American attorney, author, lecturer, and political activist.
Winona LaDuke is an internationally renowned activist working on issues of sustainable development, renewable energy, and food systems. She lives and works on the White Earth reservation in northern Minnesota, and is a two time vice presidential candidate with Ralph Nader for the Green Party.