[lbo-talk] U.S. auto sector socialized! WITBD?

John Gulick john_gulick at hotmail.com
Tue Apr 28 18:54:37 PDT 2009


Marv Gandall posted:


>GM Pushes the Throttle in China Affiliate's Plan to Expand Into Cars Is Seen as a Key to Growth in Asia >By JOHN D. STOLL Wall Street Journal APRIL 27, 2009

Even from a narrow capitalist perspective, the Chinese authorities are @#&$% bird-brained to think that China's becoming a mass automobiling society is compatible with China's becoming a hegemonic world leader... every time I read a report like this, my first reaction is how misled Giovanni Arrighi is.

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