8/16/09

Health insurance companies are not your friends

To oppose the evil of Obamacare is not to support the status quo or to support the activity of the health insurance companies. It is a great myth that Obama's opponents are allied with the health insurance companies and that conservatives and libertarians support health care as practiced in America today. Here's a great editorial that debunks that myth and exposes how health insurers are NOT advocates of free market competition. The big insurance companies, just as many big corporations in other industries, go to the government for special subsidies and even government-granted monopoly privilege. The evil of corporations is not that they are big or that they engage in free and voluntary trade while paying market wages (which are low for unskilled labor). The evil of corporations is when they use the violence of the state to advance their business. This is the case with the health insurance companies.

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