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Corporate Welfare: Crony Capitalism That Enriches the Rich

|June 30, 2015

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From the time of Alexander Hamilton's "Report on Manufactures" through the Great Depression, American towns and cities sought to lure footloose companies by offering lavish benefits. These ranged from taxpayer-financed factories, to tax exemptions, to outright…
The CPR: A century of corporate welfare
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In 1880 the Canadian Pacific Railway was born with an enormously rich legacy--millions of acres of land, millions in cash and plenty of existing rail lines. From an auspicious beginning it grew immensely wealthy and powerful. Robert Chodos, in an unorthodox…
The Corporation as Family: The Gendering of Corporate Welfare, 1890-1930
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|April 3, 2003

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The beginning of the twentieth century witnessed a remarkable growth of corporate welfare programs in American industry. By the mid-1920s, 80 percent of the nation's largest companies--firms including DuPont, International Harvester, and Metropolitan Life…
Corporate Reputation and Social Activism: Strategic Interaction, Firm Behavior, and Social Welfare
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A firm's reputation is an asset that can be built or harmed over time and most companies invest in their good standing. This can be challenged or threatened by activists seeking to change the firm's behavior, especially to reduce negative externalities and other…