Source: Foundation for Economic Education
by Alan Hibben
“Britain’s political class loves to talk about ‘reforming welfare,’ but everyone knows the limits of that ambition. Voter Welfare—the £333.7 billion the state is forecast to transfer from taxpayers to households in 2025–26—is politically untouchable. A population brought up on free cake is unlikely to vote for the plate being removed, at least until it stares a debt tragedy square in the face. But there is another kind of welfare that receives far less attention and may actually be fixable: Rent-Seeking Welfare, or what is more bluntly called corporate welfare elsewhere. Unlike pensioners, corporations don’t vote—and British households don’t own many shares directly. In theory, this should make reform easier. In practice, the obstacle is not ideology but something more basic: the Government cannot see what it is trying to reform.” (09/24/26)
https://fee.org/articles/corporate-welfare-is-britains-blind-spot/