woensdag 3 juni 2009

GM= lemon socialism

Lemon socialism is a pejorative term for governmental support of private sector companies whose imminent collapse is perceived to threaten broader economic stability.[1][2][3] It is not a current within socialism per se; rather, it points to a corruption of free market capitalist systems, which would normally allow defective companies ("lemons") to fail. The most common government interventions that earn the term involve infusions of government capital and may include some governmental control over company decision-making.


http://en.wikipedia.org/wiki/Lemon_socialism

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