Corporate Welfare Benefits In Different Democratic Republic Modes- A Harsha Sankar Article

 

Dear Citizen,                                           September 2020

Corporate Welfare Benefits In Imperial Democratic Republic Mode-High levels of taxpayer-funded subsidies remain. There is hardly any oversight in how this money is administered to and spent by large corporations. There is no regulation on a company's specific practices before it is determined eligible for such subsidy.

Corporate Welfare Benefits in Direct Democratic Republic Mode- Virtually non-existent. Any current subsidies would be eliminated immediately.

Corporate Welfare Benefits in Representative Republic Mode- These benefits are only issued in emergency situations, such as when there is a national need, and for the shortest period of time possible not to exceed one year. In regards to current subsidies, it is under this mode to be phased out unless there exists an imminent national need.

There are strict and clear regulations on a company's specific practices before it is determined eligible for such subsidy. The method in which subsidies are spent and administered by companies are strictly  overseen by a government regulatory board that has no connections with any industrial concern. Executive pay and compensation, layoff policies,vendor relationships, and outsourcing are monitored closely by laws that are clearly enforced by this regulatory board so that the short-term subsidy is handled properly by any corporate concern.

                                Very Truly Yours,

                                 Harsha Sankar

                                 Covington, Virginia 24426