Sunday, December 31, 2000

This is an outstanding article for those who want to understand why captains of industry often support policies that seem to be against the interests of the industries they captain. Why wouldn't they be in favour of some form of single-payer health care system, given that all studies show that such a system is cheaper for society (because of administrative efficiencies), not to mention cheaper for any business that doesn't have to provide insurance for its employees? The reason is that the uncertainties provided by a system where many are either uninsured, under-insured, or at great risk of losing insurance, create a lever over workers that makes them timid in asserting claims to wages or working conditions. Policies that provide some form of security to people makes them confident enough to demand more. Give them an inch and they'll be looking for a mile. The great fear of progressive policies is that there appears to be no end to them, and they build on each other.