LOEBS: Beak Capitalism, Part 3: Un-Clucking the System

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radio, news. Joe, why did the chicken join the revolutionary war? I have no idea. Because it didn't wanna be cooped up under British rule. Okay.

But setting it setting aside the terrible puns, wasn't it really about taxes? Joe.

Joe, why did the colonial chicken refuse to pay British taxes? Because

it didn't wanna put all its eggs in King George's basket. Should I keep going? No. I'm good. I'm good. Thanks. I'm

good. Okay. Fine. I'm

good. I'm good. Thanks. I'm good. Okay.

Fine. To understand chicken and the current landscape of The US economy and the companies in it, it helps to go back in time and revisit a few key moments in US history.

Going back to the founding, Americans were actually suspicious of the power of large corporations. And one reason for that is that it used to be that the government would grant corporate charters. Right? There's this history in The United States before general incorporation statutes that corporations are really creatures of the state. And so there was always the suspicion that if they grew to be too powerful, the kind of abuse that they could, bring to bear on the lives of ordinary people was really extensive. And so