On Dec 1, 2008, at 10:27 AM, Doug Henwood wrote:
>> I've been misunderstanding you then. It seemed as though you were
>> minimizing the importance of the system - that it was about
>> prestige, and monetary perks and socializing rather than retaining
>> power.
>
> How'd you get that from this?
>
>> Board interlocks, these days, are about the creation of a corporate
>> elite, a reciprocal exercise of power and mutual inflation of
>> prestige (plus some cash and some nice perks).
>
I guess because you seemed to be limiting your study to the meat entities that compose the system, rather than the system per se and it's function.
martin