Remember when the US gov bailed out GM and didn’t bother to like, take any ownership stake in it?
On top of being incredibly evil, this country is incredibly stupid
Indeed, nationalizing strategically important companies that fail would be the sane approach. Instead, the US pumps public money into them while keeping them private.
this country is incredibly stupid
it is not stupidity when it is intentional, it is easier to understand once you accept that the political leadership is loyal first and foremost to their donours
Misleading headline. This article is about a single GM plant in Kansas.
Deindustrialization continues. Apparently capitalists are convinced you can run an economy solely on financial trading. I mean you probably can it just isn’t an economy that most people can participate in. We’ll have the world’s highest GDP while millions are homeless and starving and we’ll celebrate it like it’s some real accomplishment
There’s no reason you can’t house the homeless with an economy like that. UBI would fix it.
