And hail globalization, and privatization... I could not help jotting down a few words after reading this (http://sify.com/news/fullstory.php?a=jgbvklcchef&title=GM_files_for_bankruptcy_to_eleminate_over_30_000_jobs).
I will spend only a few words. Isn't this a classic example of the contradictions of our times. At once place the article says "The so-called 'new' GM will still be effectively nationalised until the company can survive without the government's help.". A few lines earlier, "...setting the stage for an unprecedented government takeover of the largest US car manufacturer in exchange for billions of dollars more in emergency funds.".
Sweet, nationalised!, goverment takeover!...No, you did not get it wrong, this is the USA...so much for privatization and capitalism! Food for thought Dr. MS?
No comments:
Post a Comment