: It doesnt matter who receives the stolen booty, its still bad.
: I agree with you that corporate welfare and other anti-market practices are benefitting an elite political class.
: Lark doesnt read all my posts, corporate welfare is the poison by which people associate 'business' with bad.
Ahhhh, but who recieves the "booty" is the definition of whether its "good" or "bad." Should the economy be fixed for the benfit of the elite few or the great mass of citizens? Don't give me any hash about individuals and individual contracts, I'm looking at the question from a macroeconomic perspective.
Besides "booty" is a legal definition; it would not take too much fiddling with laws to determine who gets the wealth and how much in ANY system: lassie faire capitalist, mixed economies, socialist, etc.
When you get right down to it evryone's on welfare, everyone derives some benefit from the government the only question is who gets more.