Tag: bailout
The New York Times recently published an article mentioning the failures of the government’s Paycheck Protection Program (PPP), a COVID-relief program meant to keep businesses afloat and people employed. The article noted that the PPP was not distributed fairly, with the lion’s share of funds going to White-owned businesses, while minorities got less. Coupled with…
D’Amato: “[C]uando la crisis y el desastre inevitablemente caen sobre las economías adulteradas y corporatistas, siempre se pretende que sea el pueblo el que le saque las papas del fuego a los políticos y sus patrones corporativos.”
D’Amato: [W]hen crisis and disaster inevitably befall [the] doctored, corporatist economy, it is the whole populace which is expected to bail out the policymakers and their corporate masters.
Darian Worden on the politics of corporate control.