Capitalism allows you to file for bankruptcy and try to make a go of it again. It should not entail us being told to empty our wallets because the Big 3 didn’t make cars that we wanted to buy. by reddit
“It’s nothing against the American worker. It’s really general management that has failed. Case in point: There was a GM plant in Fremont, California, that was just about the worst plant since the days of the Yugo. Toyota took the plant over; hired back the exact same workers who were employed there under GM; and it went from worst to first within 2 years. Again, there’s nothing wrong with the American worker; it’s management that’s at fault. Watch this video to see what Ford is doing in Brazil. Thus far the unions have prohibited this manufacturing technique in the US.” source...
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