Why doesn't the state of Tennessee support EPB?

Here's more about the outrageous behavior of the Tennessee state legislature https://motherboard.vice.com/en_us/article/tennessee-could-give-taxpayers-americas-fastest-internet-for-free-but-it-will-give-comcast-and-atandt-dollar45-million-instead

Official response from submitted

This situation is as old as capitalism. Businesses - and especially big ones like ATT, etc. - obtain govt supports (tax breaks, subsidies, etc.) by funding parties and politicians. The Tenessee example one of thousands every year at federal, state and local levels. Its not "crony capitalism" its just plain capitalism that has always worked in that way much of the time.

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  • Richard Wolff
    responded with submitted 2017-04-16 16:47:36 -0400
  • Gregory Todd
    published this page in Ask Prof. Wolff 2017-04-15 09:58:09 -0400