They let big business run riot, as neoliberalism demanded,
Letting big business run riot is corporatism, not neoliberalism. We neoliberals are all about taming big business through ensuring competition and a level playing field.
We don\’t say there should be no regulation: we just differ on who regulates and how. Thinking that, most of the time in most situations, it should be the consumer through their spending and actions.
Except when they cannot.
Imagine the implications of accepting that some multinationals will always opt out of paying their taxes, and that if they do choose that, then the cost of everything the state provides – from the packaging (eventually garbage) they generate, to the state-educated people they employ, to the judicial system they need to conduct their business, will be billed to them directly.
Yes, let us imagine that. Given that the majority of what government spends money on is redistribution of incomes plus the health service that companies do not, by definition, use it would more than halve their bills, wouldn\’t it? Can\’t see them objecting really.