[lbo-talk] Moore's Sicko Analysis

[Auguste Blanqui]

I brought the Ford/GM issue up at the Left Forum panel on health insurance,
and someone in the audience said that big business doesn't want NHI because
of interlocking capital.  The guy said that Ford/GM/et. al have investments
in funds that invest in insurance companies (or direct stock) or sit on
boards of such companies.  Probably true, but would be interesting to see
the extent and then explore how it affects big employers' lobbying.

On 7/20/07, Michael Smith <mjs at smithbowen.net> wrote:
>
> On Friday 20 July 2007 15:37, Doug Henwood wrote:
>
> > Clearly the bourgeoisie agrees, becaues it'd make business sense for
> > Ford and GM to promote national health insurance, and they haven't.
>
> I wonder to what extent Ford and GM are simply avoiding a war with the
> insurance companies, HMOs, and other components of the "health" sector who
> would surely be seriously threatened or completely destroyed by national
> health insurance.
>
> I know our idealization of the enterprise is that it's like a pirate ship,
> maximizing its own returns without any concern for anybody or anything
> else,
> but from what I've seen of the upper bourgeoisie, they tend to belong to
> the
> same clubs, have interlocking interests, talk to each other -- it's
> simultaneously contentious and collusive.
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