Lawrence Lessig on Corporate Welfare
on Wednesday, July 9, 2014Lawrence Lessig Money Quotation saying congressional fundraising leads to politicians supporting tax breaks and subsidies for corporations. Lawrence Lessig said:
![[Congress] and their cronies secure more than one hundred billion dollars in corporate welfare Quote](https://itsamoneything.com/money/wp-content/uploads/Lawrence-Lessig-Congress-Corporate-Welfare.png)
“[Congress] and their cronies secure more than one hundred billion dollars in corporate welfare” — Lawrence Lessig
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Lawrence Lessig suggests that Congress and their cronies (likely meaning special interest groups or wealthy donors) secure more than one hundred billion dollars in corporate welfare.
The best interpretation of this quote is that Lessig is criticizing the practice of corporate welfare, where large corporations receive financial benefits from the government, often in the form of tax breaks, subsidies, or other forms of support. The quote suggests that this practice is not only benefiting corporations but also the politicians who support them, implying a corrupt or at least unethical relationship between the two.
It’s important to note that the term “corporate welfare” can be somewhat subjective, and some people may interpret it as referring only to direct financial handouts, while others may include other forms of government support, such as tax breaks or deregulation. However, in the context of Lessig’s quote, it seems clear that he is referring to the former.
Overall, the quote is a criticism of the influence of special interest groups and the corrupting influence of money in politics, and it suggests that the current system of corporate welfare is not in the best interests of the general public.