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corporate welfare
Corporate welfare is a term that analogizes corporate subsidies to welfare payments for the poor. The term is often used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment on corporations or selected corporations, and implies that corporations are much less needy of such treatment than the poor.〔 The term is used interchangeably with crony capitalism; to the extent that there is a difference, the corporate welfare might be restricted only to direct government subsidies of major corporations, excluding tax loopholes and all manner of regulatory and trade decisions, which in practice could be much larger than any direct subsidies. The term, "Corporate Welfare", was reportedly invented in 1956 by Ralph Nader; conservatives like Grover Norquist prefer "Crony capitalism".
==Origin of term==
The term "corporate welfare" was coined by Ralph Nader in 1956. The Canadian New Democratic Party picked up the term as a major theme in its 1972 federal election campaign. Its leader, David Lewis, used the term in the title of his 1972 book, ''Louder Voices: The Corporate Welfare Bums''.〔Lewis, David. ''Louder voices: The corporate welfare bums'', Lewis & Samuel, 1972〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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