Special Guests

Welfare for the Rich that Began Before Covid, Ramping Up Again

Lisa Conyers (Pacific Time) avails by Zoom, Skype or Phone

Welfare for the rich began before the Covid pandemic and is ramping up again.

Lisa Conyers and Phil Harvey are warning the world about rampant crony capitalism in their new book, “Welfare for the Rich—How Your Tax Dollars End Up in Millionaires’ Pockets—and What You can Do about it.”

Their publisher bills it “the first book to describe and analyze the many ways that federal and state governments provide handouts—subsidies, grants, tax credits, loan guarantees, price supports, and many other payouts—to millionaires, billionaires, and the companies they own and run.”

Welcome, Lisa.

Q&A: 

  1. What is crony capitalism?

Answer: Wikipedia defines crony capitalism as “an economic system in which businesses thrive not as a result of risk, but rather as a return on money amassed through a nexus between a business class and the political class.” It’s that nexus that should concern us all. It often leads to the killing of true capitalism, in favor of ‘connected capitalism’ or crony capitalism. 

  1. When we hear the term ‘farmers,’ what comes to mind are hard-working families working the land, eking out a living, but you have a different perspective on the word. Tell us about that.

Answer: Welfare for millionaire farmers comes to more than $50 billion annually. 

  1. Subsidies to giant corporations exceeds $100 billion. Do you cover that in your book also?

Answer: This shocking waste of taxpayer money is rigorously documented in Welfare for the Rich, along with the dirty details on the political action committees and special interest groups that keep this distorted system going.

  1.  Initially there was a cut-off for Covid welfare, limiting it only to companies grossing less than 500 million dollars. What happened?

Answer: Politics happened. Lobbying happened. 

  1. Where may we pick up a copy of Welfare for the Rich? 

Answer: At Amazon.com and in bookstores. 

About the authors…

Lisa Conyers

Lisa Conyers is co-author, with Phil Harvey, of The Human Cost of Welfare, and their latest book “Welfare for the Rich—How Your Tax Dollars End Up in Millionaires’ Pockets—and What You can Do about it.”

She is a nonpartisan consultant to private clients and think tanks, focusing on economics and public policy issues. Her passion is explaining complex economic issues for the layman. Lisa also consults on films and documentaries on economics and free markets. 

Her writing has been published in the New York Daily News, the Los Angeles Times, and the Huffington Post, among other venues, and she has appeared frequently on radio and TV to discuss both economic and social issues. She holds an undergraduate degree in American Studies from George Mason University and a master’s degree in Management from the University of Maryland. She lives in California on her sailboat.

Phil Harvey

Phil Harvey is an entrepreneur who has founded a thriving business, a philanthropist who has created several important nonprofit organizations, and the author of five books, including his latest, “Welfare for the Rich—How Your Tax Dollars End Up in Millionaires’ Pockets—and What You can Do about it.”

Harvey is chairman and a major shareholder of the mail order business Adam & Eve. 

As a philanthropist, Harvey became concerned about the problems of global hunger and lack of family planning during a stint with the international charity CARE in India. Harvey used the profits from Adam & Eve to found DKT International, for which Mother Jones magazine dubbed Phil Harvey a “hardcore philanthropist.”

Phil Harvey was educated at Harvard, where he earned a degree in Slavic languages and literature in 1961. He also has a master’s degree in public health from the University of North Carolina. He lives with his wife, Harriet Lesser, in Cabin John, Maryland, outside Washington, D.C.

CONTACT: Jerry McGlothlin at 919-437-0001 or jerry@specialguests.com 

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