GM strike

[Max Sawicky]

> 
> Yes, but that just won't cut it. GM is the laggard among the Big 
> Three (can
> we still say that now that Daimler is about to own Chrysler?), and Wall
> Street is deeply unhappy with it. In other words, instead of $26b, it
> should probably be $52b. On top of that, if you can find equally 
> productive
> workers in Mexico who are paid in a week what some U.S. and Canadian
> workers earn in an hour or two - well, you don't need an MBA to 
> figure that
> one out. Sustaining those $44/hr jobs would require taking on capitalism
> itself, and I don't see the UAW about to do that.

When the strike ends in a month or so, because
the company has to settle by then in order to
able to prepare to offer new models for the
coming year, and when the company goes on and
Capitalism goes on, will any prophets of doom
here have a good explanation for how this all
proved to be possible, given that the company
and the economy supposedly can't possibly sustain
these wages?

And will you predict another unresolvable conflict
the next time around, and base your politics now
and then or this sort of analysis?

Broken clocks must be right twice a day, but incorrect
calendars can be wrong forever.

Wondering,

MBS