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guillaumeb

(42,649 posts)

1. Economists refer to it as externalizing costs.

Reply to tecelote (Original post)

Sat Aug 26, 2017, 04:05 PM

Aug 2017

Similar to when an oil company ruins part of the ocean, does a bad job of cleanup, and taxpayers pay for the rest.

And 51% of WalMart stock is owned by the Walton family.

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Highlight:

A Low Minimum Wage is Welfare for the Rich. Here's How. [View all] tecelote Aug 2017 OP

Economists refer to it as externalizing costs. guillaumeb Aug 2017 #1

It's corporate welfare Phoenix61 Aug 2017 #2

Yes. whathehell Aug 2017 #3

And thereby, indirectly, companies that pay their employees liveable wages TheDebbieDee Aug 2017 #4

Good point! tecelote Aug 2017 #5

Exactly! TheDebbieDee Aug 2017 #6