Carrol Cox wrote:
> Gordon Fitch wrote:
>
> >
> > In any case, the University of Michigan represents a different
> > segment of the bourgeoisie from corporate leadership and, as
> > Machiavelli observed, while it is seldom good to give away
> > one's own stuff, giving away _someone_else's_ stuff is often
> > quite advantageous.
>
> I don't know what the figures are now, but I suspect the relative numbers
> have not changed much. Many decades ago there were only *two* public
> universities whose endowment funds were of the same order of magnitude with
> those of the large private universities -- the University of Texas (read
> oil) and the University of Michigan (read autos/Law). One Rose Bowl game
> the U of M band put on what in effect was a commercial for GM -- though
> that was going it a bit strong and they got some static on it. I suspect
> the ties between the U.of M. and whatever part of big capital owns GM are
> pretty close.
>
> Carrol
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu