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When powerful groups want subsidies, we are told they will create jobs. When powerless groups want better funding for domestic violence shelters or after-school reading groups, they are told of the need to reduce the budget deficit. When powerful groups demand new regulations, we are told it will provide business with certainty, but when powerless groups demand new regulations, they are told it will create sovereign risk.
Dead Right: How Neoliberalism Ate Itself and What Comes Next (Quarterly Essay #70)
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