Moyers & Company recently addressed some of the creative myths flying around about multi billionaire industrialist Koch brothers and helped readers gain a better understanding of this often-publicized, powerful political duo. Charles Koch has remained largely behind the scenes for decades while they supported conservative political candidates and free market economic policies with their massive war chest of financial resources. However, in recent years, the Koch brothers have been the constant subject of intense media scrutiny for their vocal opposition to the Obama administration’s policies and financial support of conservative political candidates.
In setting the record straight on the Koch brothers, Moyers & Company reminds readers that Charles Koch actually been supporting libertarian causes and free market economic policies for decades and are much more concerned with the bigger economic picture than simply setting back the Obama administration’s policies. In fact, the Koch brothers have spoken openly about their opposition to the policies of George W. Bush’s administration and took a remarkably more active role in politics since then. Another common misconception about the Koch brothers is that the brothers are simply throwing their own money and candidates and causes that interest them personally. Far from operating in isolation or simply to promote the singular interests of their company, the Koch brothers have a much more expansive agenda of seeing free market economic policies dominate the political landscape. The Koch brothers have been steadfast in their belief that free market economics and a very limited role of government are the best paths forward to prosperity for the country as a whole.
The company has been in the Koch family for generations, and the Koch brothers are continuing the tradition of their father in increasing the company’s involvement in the oil refinery business by branching out into related activities, such as pollution control. Koch earned an engineering degree and has a sound technical background to support his economic and financial savvy. He is frequently consulted for his economic and financial opinion and has written two successful books about the principles behind his success in business. Charles Koch generously supports many educational causes based on free market economics and speaks frequently on his support of classical liberalism.