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ONU19-Subsidies and Bailouts

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Uploaded by on Oct 26, 2011

One Nation Underdog is a show hosted by Mark Harvey where he explores areas of interest to friends and students. This is episode 19: Subsidies and Bailouts. This video discusses this mercantilist strategy where governments pay corporations and major industries to support or protect that industry. This form of protectionism is intended to keep particular industries viable, to prevent worker protest, and to solidify political power.

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