SMRs and AMRs

Friday, October 22, 2010

Michael Moore: Why Republicans Are Always Worried That Their Pet Corporations Might Face Real Free Market Competition

Whenever corporate executives begin talking about how they support "free markets" and "competition," check to see if you still have your wallet.

October 21, 2010 | AlterNet

I have a rule of thumb that's served me well my whole life: whenever corporate executives begin talking about how they support "free markets" and "competition," check to see if you still have your wallet.

That's because no one -- not Karl Marx, not Fidel Castro, not your niece who owns the only lemonade stand on the block -- hates competition more than corporations. The whole goal of a corporation is to crush all the competition. When corporate executives start pushing for "free market policies," what they mean is a government that lets them become a monopoly.

Don't believe me? Well, count how many corporate CEOs (and Republican politicians) stand up and cheer for the Obama administration this week:
The Justice Department sued Blue Cross Blue Shield of Michigan on Monday, asserting that the company, the state’s dominant health insurer, had violated antitrust laws and secured a huge competitive advantage by forcing hospitals to charge higher prices to Blue Cross’s rivals.
(More here.)

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