I don’t want to dedicate my life to getting publicity.
When a company is not being guided by the products they make and what the customers need, but by how they can manipulate the system – get regulations on their competitors, or mandates on using their products, or eliminating foreign competition – it just lowers the overall standard of living and hurts the disadvantaged the most.
Our elected officials would do well to remember that the most prosperous countries are those that allow consumers – not governments – to direct the use of resources. Allowing the government to pick winners and losers hurts almost everyone, especially our poorest citizens.
Far from trying to rig the system, I have spent decades opposing cronyism and all political favors, including mandates, subsidies and protective tariffs – even when we benefit from them.
Crony capitalism is much easier than competing in an open market. But it erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want.
You pass a program and get people dependent on it, making it brutal to get rid of. The key is not letting it get started.
People should only profit to the extent they make other peoples lives better.
Laying the groundwork for smaller, smarter government, especially at the federal level, is going to be tough. But it is essential for getting us back on the path to long-term prosperity.
The successful companies try to keep the new entrants down. Now that’s great for a company like ours. We make more money that way because we have less competition and less innovation. But for the country as a whole, it’s horrible.
Koch companies employ 60,000 Americans, who make many thousands of products that Americans want and need.
I believe that cronyism is nothing more than welfare for the rich and powerful, and should be abolished.
Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers.
Subsidies and mandates are just two of the privileges that government can bestow on politically connected friends. Others include grants, loans, tax credits, favorable regulations, bailouts, loan guarantees, targeted tax breaks and no-bid contracts.
I believe my business and non-profit investments are much more beneficial to societal well-being than sending more money to Washington.
From the beginning of time, business has cozied up to government and gotten restrictions on competition and subsidies and stuff.