"Welfare distorts behavior, makes one less personally responsible and reduces the role of private charity. This principle applies to corporate welfare"
About this Quote
The subtext is an attempt to flatten distinctions that usually protect corporate aid from stigma. Tax breaks, bailouts, and targeted subsidies get marketed as “job creation” or “economic development,” not as handouts. Elder insists the behavioral logic doesn’t care about branding: incentives shape conduct. If a firm expects rescue, it may take bigger risks, invest less prudently, or dedicate resources to lobbying rather than innovation. That’s the same dependency narrative, updated for boardrooms.
Context matters. Elder emerged as a prominent conservative media voice in an era when welfare reform, personal responsibility, and skepticism of the state were central right-of-center themes. By extending that critique to corporate beneficiaries, he also taps into populist frustration with elite double standards: discipline for the poor, indulgence for the powerful. The line works because it forces an uncomfortable question: if self-reliance is a virtue, why is it selectively enforced?
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Elder, Larry. (2026, January 15). Welfare distorts behavior, makes one less personally responsible and reduces the role of private charity. This principle applies to corporate welfare. FixQuotes. https://fixquotes.com/quotes/welfare-distorts-behavior-makes-one-less-146731/
Chicago Style
Elder, Larry. "Welfare distorts behavior, makes one less personally responsible and reduces the role of private charity. This principle applies to corporate welfare." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/welfare-distorts-behavior-makes-one-less-146731/.
MLA Style (9th ed.)
"Welfare distorts behavior, makes one less personally responsible and reduces the role of private charity. This principle applies to corporate welfare." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/welfare-distorts-behavior-makes-one-less-146731/. Accessed 12 Feb. 2026.








