"Welfare distorts behavior, makes one less personally responsible and reduces the role of private charity. This principle applies to corporate welfare"

This quote by Larry Elder is describing the idea that well-being, whether it be for individuals or corporations, can have an unfavorable impact on habits. Senior believes that well-being can lead to people becoming less personally responsible and decrease the function of personal charity. He is suggesting that when individuals are given well-being, they end up being less most likely to take duty for their own lives and less likely to rely on private charity. This can result in a cycle of dependency on welfare and an absence of individual duty. Senior thinks that this principle applies to both specific and corporate welfare, which both can have a negative effect on behavior.