By Randall J. Strossen, Ph.D. It's no lie that the guts of a gym, for us, is a barbell, a set of squat racks, and a lifting platform. And while most people who lift weights are no strangers to the first two, unless you snatch and clean and jerk, you probably don't have a clear idea about how to build a good lifting platform.
Corporate welfare. Corporate welfare is a term that analogizes corporate subsidies to welfare payments for the poor. The term is often used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment for corporations.
Philanthropy is defined as the act of doing charitable work, or an activity designed to improve human welfare. 1  An example of philanthropy is giving money to charity and volunteering. An example of philanthropy is donating canned goods to a food bank to help needy families in your community or donating toys to the Toys for Tots toy drive to provide Christmas presents to needy children.