According to the Illinois Policy Institute website, they are “dedicated to promoting the principles of liberty in all levels of government. While the word liberty can be interpreted in many ways and applied to many different arenas we focus specifically on economic liberty and free market principles…”
What are Free Market Principles & Theory?
Free market principles are supported by neo-conservatism or neo-liberalism and perpetuated by a “corporatists’ crusade”; they are aligned with the policies of the “Chicago School” ideologues, the World Trade Organization and the International Monetary Fund. These doctrines perpetrate a blitzkrieg deconstruction of the middle class, privatization of public ownership and industry (downsizing and parceling out public companies and services to private interests), government deregulation and cuts to spending (thus, stimulating deep economic recessions) and cutbacks or the elimination of the public sphere and all social funding – hence, turning the working class into the “disposable poor” – to loosen control of the flow of money and to produce “freer trade” in the global market marked by an intransigent belief that “it should be left to correct itself.” Global free market theory has surfed “the waves of fear and disorientation” while advancing an ideology of “unfettered capitalism,” leaving inequality and degradation in its wake (Naomi Klein, award-winning journalist, fellow at the London School of Economics, author and filmmaker).
The free market theory caters to self-interested desires and profit to the detriment of other peoples’ lives, all the while promising “freedom and prosperity.” Free market principles advocate that the rich and poor should be taxed at the same flat rate, despite creating a vast inequity; that, for example, education, health care, retirement pensions, national parks (and most any function intrinsic to essential governing) become privatized; that publicly-owned companies, services and their assets be auctioned off to private investors; and that besides allocating vast amounts of wealth and resources from public to private ownership, that in the free market the transfer of private debts to the public sector while public ownership is systematically dismantled ironically continue... For further understanding, read my post: Global Free Market: A Perspective and Admonition.
And What about All that Money behind Free-Market Policies for Media Control, Pension Reform Bills, Privatization, Charter Schools…? Follow the Donors Trust Money Trail:
Donors Trust has injected nearly $400 million into free-market causes, thanks in large part to contributions by dozens of private foundations run by wealthy executives or their families. These foundations have often sought anonymity by passing their grants through Donors Trust, but a Center for Public Integrity review of IRS records reveals some of the largest backers of Donors Trust in recent years:
Charles G. Koch Foundation, Empower Texans Foundation, Richard and Helen DeVos Foundation, Farmer Family Foundation, Donald and Paula Smith Foundation, Lynde and Harry Bradley Foundation, John M. Olin Foundation, Randolph Foundation, The GFC Foundation, Jaquelin Hume Foundation, William E. Simon Foundation, Ruth and Lovett Peters Foundation, William Donner Foundation, Castle Rock / Adolph Coors Foundation, Rose Marie and Jack R. Anderson Foundation, Earhart Foundation, Joe and Mary Moeller Foundation, John William Pope Foundation, Anschutz Foundation, Paul Singer Family Foundation…
How Does Money Flow Out from Think Tanks?
Donors Trust has given grants to three national organizations that coordinate free-market policy and media efforts in the states: the American Legislative Exchange Council (ALEC), the State Policy Network (SPN), and the Franklin Center for Government and Public Integrity (FCGPI). In addition to these umbrella organizations, Donors Trust has directly funded at least 51 state-based think tanks in nearly every state since 2007:
Illinois Policy Institute, Heartland Institute, Manhattan Institute, Knowledge and Progress Fund, Lucy Burns Institute, Independence Institute, Cascade Policy Institute, Searle Freedom Trust, Mackinac Center, South Carolina Policy Council, Oklahoma Council of Public Affairs, JM Kaplan Fund, Philanthropy Roundtable… This information is from Donors use charity to push free-market policies in states.