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| Economy |
| 2009-06-08 |
| Jomah Goldberg -- an excerpt from his book Liberal Fascism GM offers an ironic confirmation of Marxist logic. According to orthodox Marxism, the capitalist system becomes fascist as its internal contradictions get the better of it. As a theory of political economy, this analysis falls apart. But at the retail level, there's an undeniable truth to it. Industries that once had a proudly free-market stance suddenly sprout arguments in favor of protectionism, "industrial policy," and "strategic competitiveness" once they find that they can't hack it in the market. The steel and textile industries, certain automobile companies--Chrysler in the 1980s, GM today--and vast swaths of agriculture claim that the state and business should be "partners" at precisely the moment it's clear they can no longer compete. They quickly become captives of politicians seeking to protect jobs or donations or both. These "last-gasp capitalists" do the country a great disservice by skewing the political climate toward a modified form of national socialism and corporatism. They're fleeing the rough-and-tumble of capitalist competition for the warm embrace of It Takes a Village economics, and Hillary Clinton calls it "progress." |
| Posted by:Mike |
| #9 Remember we'er all in this together |
| Posted by: Don Vito Anginegum8261 2009-06-08 17:25 |
| #8 puy should read buy |
| Posted by: Betty Whalet5053 2009-06-08 15:38 |
| #7 The next Amendment to the US Constitution should be that the US Federal or even local governments are not allowed to puy and run a private enterprise that competes with other private enterprises. This is going to be one big mess. Hide and watch. |
| Posted by: Betty Whalet5053 2009-06-08 15:37 |
| #6 GMGMQ (Bankrupt GM) stock is currently $1.10 and rising. Go figure? |
| Posted by: Redneck Jim 2009-06-08 12:46 |
| #5 Government Monopoly. |
| Posted by: Anonymoose 2009-06-08 10:06 |
| #4 "It looks like it's been... tampered with." |
| Posted by: Grenter, Protector of the Geats 2009-06-08 08:46 |
| #3 Sorry, Gov't Motors no longer authorizes or licenses the production, sale, or disposal of "aftermarket" OEM (Original Equipment Manufacturer) parts. The installation of these parts is only authorized at approved Gov't Motors dealerships and repair facilities by Gov't Motors licensed technicians using licensed and registered Gov't Motors tools. Tampering or unauthorized installation of parts or repair of Gov't Motors vehichles is punishable by a fine of up to $10,000. or one year in jail. Have a nice day. |
| Posted by: Besoeker 2009-06-08 07:53 |
| #2 Don't worry about your warranty: you will be contacted when it is time to have your car serviced. Fines will be collected if you are late. |
| Posted by: eLarson 2009-06-08 07:34 |
| #1 I used to take my car to a Chevy Service Center. Now it's the Federal Unionized Bureau of Auto Repair - FUBAR. |
| Posted by: Black Bart Ebberens7700 2009-06-08 06:49 |