https://cdn.aarp.net/content/dam/aarp/work/on-the-job/2015-08/1140-Mary-Barra-CEO-General-Motors-Bulletin-September-Conversation.imgcache.rev7cb0d793f2171ff2e22d56984dd5773f.web.620.398.jpg
"This pile of crap? I wouldn't drive it myself."

Remember this twatwaffle? Of course you don't. That's Mary Barra the current CEO of GM. She was the one that stated back in November GM would close five plants in the United States and Canada which would lead to 6,000 layoffs, including the closure of the Detroit Hamtramck and Warren Transmission auto plants in the Metro Detroit area.

Barra soon followed this with a massive downsizing among her white-collar employees, leading to the loss of 8,000 jobs.

GM's profits last year amounted to $10.8 billion which was more than enough to pay the annual wages of some 300,000 new-hire employees. Barra had other ideas and  carried out mass layoffs taking the money sweated out of workers and funneling it into the pockets of GM executives and shareholders.

Strange when the F A T orange puke says the "economy is doing great" he's not kidding when every dollar stolen from workers through pay cuts and layoffs goes to pay for stock buybacks, financial speculation and the yachts and mansions of the corporate executives and the billionaire capitalists whose interests they represent.

https://www.washingtonpost.com/podcasts/post-reports/from-22-an-hour-to-11-what-the-gm-layoffs-mean-for-workers/?noredirect=on

And it's not only Mary "Twatwaffle" Barry, Ford CEO Jim Hackett got $17.8 million in compensation last year, while FCA CEO Mike Manley stands to make as much as $14 million in the coming year. Matthew Simoncini, the CEO of auto parts maker Lear, was paid over $32.4 million, up by 14 percent over the past year.

Oh, and on a side note who here can also remember when the F A T orange puke said he was going to "bring back steel"? Turns out  US Steel CEO David B. Burritt, who was paid over $11 million last year, has just announced hundreds of layoffs with the idling of U.S. Steel’s blast furnace in Ecorse, Michigan - you know, that same blast furnace the F A T orange puke said was "up and running again." Why doesn't he talk about it now. I do wonder.


Good ol' capitalism, it's outdated profit system must be destroyed and replaced with a socialist society based on equality, proper international planning and democratic control of production and distribution.

Then again, seeing how every politicians both Demo and Rethugo serve the best of Wall Street  I don't see that happening any time soon while what's left of America's declining auto industry rots.


Have a nice day.

Socialism doesnt work, it never will. Doesnt matter what you do, someone always ends up with a bigger pile of marbles than others. Read a book about a POW camp called "King Rat", it illustrates this point perfectly. Theres always a top dog and a hierarchy.

As George Orwell wrote.......

  'All animals are equal, some animals are more equal than others.'

rhino wrote on Aug 20^th, 2019 at 12:00am:

Socialism doesnt work, it never will.

Except that it does. Dumbass.

rhino wrote on Aug 20^th, 2019 at 12:00am:

Socialism doesnt work, it never will. Doesnt matter what you do, someone always ends up with a bigger pile of marbles than others. Read a book about a POW camp called "King Rat", it illustrates this point perfectly. Theres always a top dog and a hierarchy.

Yep, we are not equal. Some work harder, some have particular interests, talents and others are gifted innovators.

America is a very successful country. Why? Because it has the freedom for the individual to explore his talents. The more top heavy a system is, such as in socialism - the more control which crushes individual thinking and results in less innovation. Thus that system is doomed.

All progress depends on the individual - always has been and always will be.

Communism/Socialism re-branded will never work in the long term, no matter how many you murder.

Richdude wrote on Aug 20^th, 2019 at 3:28am:

rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Doesnt matter what you do, someone always ends up with a bigger pile of marbles than others. Read a book about a POW camp called "King Rat", it illustrates this point perfectly. Theres always a top dog and a hierarchy. Yep, we are not equal. Some work harder, some have particular interests, talents and others are gifted innovators. America is a very successful country. Why? Because it has the freedom for the individual to explore his talents. The more top heavy a system is, such as in socialism - the more control which crushes individual thinking and results in less innovation. Thus that system is doomed. All progress depends on the individual - always has been and always will be. Communism/Socialism re-branded will never work in the long term, no matter how many you murder.

So...how's capitalism working out for all those laid off GM workers, asshole?

Marla wrote on Aug 20^th, 2019 at 12:50am:

rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass.

Are you sure you're a young woman from Colorado mala
Because your post sound like an angry 60 year old male Marxist
Because you seem a lot better versed in socio-political belief systems then one would expect for a young woman
Lol lol lol

But be that as it may your example shows exactly why capitalism works
GM are cutting corners and maximizing short-term profit
Won't work
Everybody around the world kNOWS GM products are now pure garbage
Transmissions fall apart
Check out the resale on Chevys over 5 years old
Unhappy workers produce garbage products
Gm's profits will fall
Consumers won't buy it
Good riddance to bad rubbish

Compare that to a successful capitalist company
Honda and Toyota which are both extremely profitable
Run forever
Virtually zero recalls
People keep coming back and buying them over and over again
Management employees get on well
Seriously in America the staff from the Toyota company
The management and the workers all used to go on holidays together

This is why capitalism just producers such massive wealth
Because the most productive elements of society
Are allowed to grow and grow
And the garbage companies end up at the garbage dump

The consumer can price everything
Corollas and Honda civics sell for weigh more then nizsan & GM products

How did this work in a socialist country
at the height of the Russian failed experiment
The central Soviet was having 2 price 10000 items a day
How can you price something
You can't

You let it go out to market
A consumer arranges the products into a hierarchy
A meritocracy
And the cream rises to the top

There is simply no better system than this
Ask your pals in Venezuela

Marla wrote on Aug 20^th, 2019 at 4:48am:

Richdude wrote on Aug 20th, 2019 at 3:28am: rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Doesnt matter what you do, someone always ends up with a bigger pile of marbles than others. Read a book about a POW camp called "King Rat", it illustrates this point perfectly. Theres always a top dog and a hierarchy. Yep, we are not equal. Some work harder, some have particular interests, talents and others are gifted innovators. America is a very successful country. Why? Because it has the freedom for the individual to explore his talents. The more top heavy a system is, such as in socialism - the more control which crushes individual thinking and results in less innovation. Thus that system is doomed. All progress depends on the individual - always has been and always will be. Communism/Socialism re-branded will never work in the long term, no matter how many you murder. So...how's capitalism working out for all those laid off GM workers, asshole?

What do you care s***t for brains? You hate everybody.

  Come Communism Mark 2, those workers will be culled for the glory of the revolution!

Marla wrote on Aug 20^th, 2019 at 12:50am:

rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass.

not the way YOU think of it. Your idea of socialism is essentially communism - an epic fail if ever there was one. The MIXED economy is how it works well - a capitalist economic system with socialism added in to help spread the wealth. Like here in australia...

BTW... the drugs you crave arent free in EITHER system

longweekend58 wrote on Aug 20^th, 2019 at 7:37am:

Marla wrote on Aug 20th, 2019 at 12:50am: rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass. not the way YOU think of it. Your idea of socialism is essentially communism - an epic fail if ever there was one. The MIXED economy is how it works well - a capitalist economic system with socialism added in to help spread the wealth. Like here in australia... BTW... the drugs you crave arent free in EITHER system

But I agree socialism doesn't work, but only if you take here whereby people confuse socialism and communism.

Marla wrote on Aug 20^th, 2019 at 12:50am:

rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass.

you can always move to Venezuela  :)

Richdude wrote on Aug 20^th, 2019 at 6:21am:

What do you care s***t for brains? You hate everybody.   Come Communism Mark 2, those workers will be culled for the glory of the revolution!

This is what happens when you never finish high school

The only people who actually want socialism are the Conservatives. 

They want the Dems to actually campaign for Socialism and introduce that as their platform, but not even the AOCs of the world are advocating for that.

So all that's left is the Conservatives to lie about the Dems platform and call it socialism because the truth is the policies that the Dems do support like their healthcare reforms for example actually have broad public support so the Conservatives can't combat that, so they lie.

America will always be a capitalist powerhouse, the only changes will be what is done with taxpayers dollars.

Policies with a social consideration are not socialism.  If those complaining about it even knew what socialism was they'd know that's not what the Democrats or even the progressives are talking about, or they do know and are lying, as usual.

Trump's America.  If you can't be better, lie about your opposition.

Marla wrote on Aug 20^th, 2019 at 12:50am:

rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass.

Yep...Venezuela is doing really well.  🤪

Marla wrote on Aug 20^th, 2019 at 8:54am:

Richdude wrote on Aug 20th, 2019 at 6:21am: What do you care s***t for brains? You hate everybody.   Come Communism Mark 2, those workers will be culled for the glory of the revolution! This is what happens when you never finish high school

I reckon you finished high school in the 60s hippie

aquascoot wrote on Aug 20^th, 2019 at 10:23am:

Marla wrote on Aug 20th, 2019 at 8:54am: Richdude wrote on Aug 20th, 2019 at 6:21am: What do you care s***t for brains? You hate everybody.   Come Communism Mark 2, those workers will be culled for the glory of the revolution! This is what happens when you never finish high school I reckon you finished high school in the 60s hippie

Does finishing grade 12 at high school really matter?

A lot of very successful people never completed high school....even dropped out before yr 10.
Also....
A lot of oxygen gets wasted by high school grads after they leave too.

Marla wrote on Aug 20^th, 2019 at 12:50am:

rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass.

have you visited Venezuela lately ... you should its a very good example. of why you are wrong..

Captain Caveman wrote on Aug 20^th, 2019 at 10:29am:

aquascoot wrote on Aug 20th, 2019 at 10:23am: Marla wrote on Aug 20th, 2019 at 8:54am: Richdude wrote on Aug 20th, 2019 at 6:21am: What do you care s***t for brains? You hate everybody.   Come Communism Mark 2, those workers will be culled for the glory of the revolution! This is what happens when you never finish high school I reckon you finished high school in the 60s hippie Does finishing grade 12 at high school really matter? A lot of very successful people never completed high school....even dropped out before yr 10. Also.... A lot of oxygen gets wasted by high school grads after they leave too.

if pot head marla is anything to go by   then finishing highschool is the last thing you should do... :) :)

aquascoot wrote on Aug 20^th, 2019 at 6:18am:

Marla wrote on Aug 20th, 2019 at 12:50am: rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass. Are you sure you're a young woman from Colorado mala Because your post sound like an angry 60 year old male Marxist Because you seem a lot better versed in socio-political belief systems then one would expect for a young woman Lol lol lol But be that as it may your example shows exactly why capitalism works GM are cutting corners and maximizing short-term profit Won't work Everybody around the world kNOWS GM products are now pure garbage Transmissions fall apart Check out the resale on Chevys over 5 years old Unhappy workers produce garbage products Gm's profits will fall Consumers won't buy it Good riddance to bad rubbish Compare that to a successful capitalist company Honda and Toyota which are both extremely profitable Run forever Virtually zero recalls People keep coming back and buying them over and over again Management employees get on well Seriously in America the staff from the Toyota company The management and the workers all used to go on holidays together This is why capitalism just producers such massive wealth Because the most productive elements of society Are allowed to grow and grow And the garbage companies end up at the garbage dump The consumer can price everything Corollas and Honda civics sell for weigh more then nizsan & GM products How did this work in a socialist country at the height of the Russian failed experiment The central Soviet was having 2 price 10000 items a day How can you price something You can't You let it go out to market A consumer arranges the products into a hierarchy A meritocracy And the cream rises to the top There is simply no better system than this Ask your pals in Venezuela

I could not agree more, dear. Japanese cars are certainly superior to American cars. The Japs certainly forced "Australian" cars to lift their game. Before the Japs started exporting, you couldn't even get a radio or a heater in an Australian car.

Why would we value American jobs more than Mexican or Japanese jobs? Someone's got to make the cars we drive.

Globalisation, innit. We're fans, no?

SerialBrain9 wrote on Aug 20^th, 2019 at 7:56am:

Marla wrote on Aug 20th, 2019 at 12:50am: rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass. you can always move to Venezuela  :)

Illegally, of course.

SEND THEM BACK.

Mattyfisk wrote on Aug 20^th, 2019 at 12:02pm:

aquascoot wrote on Aug 20th, 2019 at 6:18am: Marla wrote on Aug 20th, 2019 at 12:50am: rhino wrote on Aug 20th, 2019 at 12:00am: Socialism doesnt work, it never will. Except that it does. Dumbass. Are you sure you're a young woman from Colorado mala Because your post sound like an angry 60 year old male Marxist Because you seem a lot better versed in socio-political belief systems then one would expect for a young woman Lol lol lol But be that as it may your example shows exactly why capitalism works GM are cutting corners and maximizing short-term profit Won't work Everybody around the world kNOWS GM products are now pure garbage Transmissions fall apart Check out the resale on Chevys over 5 years old Unhappy workers produce garbage products Gm's profits will fall Consumers won't buy it Good riddance to bad rubbish Compare that to a successful capitalist company Honda and Toyota which are both extremely profitable Run forever Virtually zero recalls People keep coming back and buying them over and over again Management employees get on well Seriously in America the staff from the Toyota company The management and the workers all used to go on holidays together This is why capitalism just producers such massive wealth Because the most productive elements of society Are allowed to grow and grow And the garbage companies end up at the garbage dump The consumer can price everything Corollas and Honda civics sell for weigh more then nizsan & GM products How did this work in a socialist country at the height of the Russian failed experiment The central Soviet was having 2 price 10000 items a day How can you price something You can't You let it go out to market A consumer arranges the products into a hierarchy A meritocracy And the cream rises to the top There is simply no better system than this Ask your pals in Venezuela I could not agree more, dear. Japanese cars are certainly superior to American cars. The Japs certainly forced "Australian" cars to lift their game. Before the Japs started exporting, you couldn't even get a radio or a heater in an Australian car. Why would we value American jobs more than Mexican or Japanese jobs? Someone's got to make the cars we drive. Globalisation, innit. We're fans, no?

Huge fan of globalisation..

It's globalism that we need to stop

Please explain?

globalisation   =   each country does what it does best within firm borders and with a culture that binds people together as patriots.

so japan is japanese and makes great hondas and toyotas
south korea is south korean and makes great samsung products.
australia is australian and makes great beef and coal.


each country plays to its strengths but the people remain patriotic and proud strong powerful and resourceful.


globalism  =  a political movement involving a coalition of western political elites, western intellectual elites,  the big media players, the university intellectuals  and the big global tech company CEO's which says we need to construct a cultural soup and break down borders and do away with the nation state . it is a movement which sees a free flow of people  and sees borders as essentially racist

(this despite the fact that the western political elites, western intellectual elites,  the big media players, the university intellectuals  and the big global tech company CEO's all live in "gated communities"  ;D ;D ;D ;D

There is no distinction, dear. Globalisation is the same phenomenon with different effects.

The globalist multinationals don't care about borders, they merely want to maximise profit. They value the nation state when it protects their patents. They dismiss it when it taxes their profits. They're big enough to shop around for their own countries and tax rates. Some are considering headquarters built in international waters.

It's not personal, this is capitalism. The multinationals couldn't change it if they tried. They're driven by investment - capital.

Nations too are driven by capital. Without investment, they have no strength. Cambodia has very weak borders. I can buy a business visa there at the border. I can bribe an immigration official for a permanent visa on the spot. Cambodia, you see, is the 2nd poorest country in South East Asia. It is forced to open its borders for investment.

Burma is the poorest. It's poor because the generals locked it up. For many years, their borders were closed. They're now changing. Their economic growth directly correlates to tourism and trade, much of it with China.

After its superannuation pool, Australia relies solely on foreign investment. We've always been open for business. Our iconic products are foreign. Football, meat pies, kangaroos and Holden cars comes from an American ad for Chevrolet. Prior to the introduction of television, Australians saw themselves as British. We've often fought for Mother England and its allies' borders, at great cost to Australians.

The US got into the globalisation business after WWII, when world trade was done in US dollars (due to its gold standard, much of it seized or banked during WWII). US manufacturers, largely started up through war contracts, exported. When Germany, Japan and then South Korea recovered, they became competitors with Uncle. Their manufacturers had also grown big from WWII contracts. From the 1970s on, they superceded the US in many export markets, such as cars and electronics. When global trade rules were liberalised, investors got in. Capital, as it inevitably will, followed the profits.

Ultimately, there's no such thing as globalisation, just capitalism. This is the system we're in. As we were once subjects of the Crown, we're now subjects of capitalism. Homo economicus, innit.

i reject most of that.

japan, south korea, taiwan, singapore , switzerland, the UAE, are rich , powerful and totally capitalist society who have embraced capitalism but have not embraced any sort of "open borders"

i think last year, japan took 1 assylum seeker .

and capitalism with open borders is a catastrophe for the workforce at the bottom.
Bernie sanders even admits this .
Cesar Chavez, a hero of the farm workers union organised strikes that demanded that mexicans be deported.
it surprises me that the left are so keen on open borders.
it is a delight to the capitalist CEO's and a disaster for their core constituents.

you want to ask yourself "why did so many of the working poor vote for a rich mogul like trump?"

you want to reflect on that for about 5 years

aquascoot wrote on Aug 21^st, 2019 at 2:08pm:

you want to ask yourself "why did so many of the working poor vote for a rich mogul like trump?"

You want to ask yourself "why did so many more of the working poor vote for Hillary Clinton?"

aquascoot wrote on Aug 21^st, 2019 at 2:08pm:

i reject most of that. japan, south korea, taiwan, singapore , switzerland, the UAE, are rich , powerful and totally capitalist society who have embraced capitalism but have not embraced any sort of "open borders" i think last year, japan took 1 assylum seeker . and capitalism with open borders is a catastrophe for the workforce at the bottom. Bernie sanders even admits this . Cesar Chavez, a hero of the farm workers union organised strikes that demanded that mexicans be deported. it surprises me that the left are so keen on open borders. it is a delight to the capitalist CEO's and a disaster for their core constituents. you want to ask yourself "why did so many of the working poor vote for a rich mogul like trump?" you want to reflect on that for about 5 years

I havent seen anyone here advocate for open borders?

Spot

Sir Spot of Borg wrote on Aug 21^st, 2019 at 3:56pm:

aquascoot wrote on Aug 21st, 2019 at 2:08pm: i reject most of that. japan, south korea, taiwan, singapore , switzerland, the UAE, are rich , powerful and totally capitalist society who have embraced capitalism but have not embraced any sort of "open borders" i think last year, japan took 1 assylum seeker . and capitalism with open borders is a catastrophe for the workforce at the bottom. Bernie sanders even admits this . Cesar Chavez, a hero of the farm workers union organised strikes that demanded that mexicans be deported. it surprises me that the left are so keen on open borders. it is a delight to the capitalist CEO's and a disaster for their core constituents. you want to ask yourself "why did so many of the working poor vote for a rich mogul like trump?" you want to reflect on that for about 5 years I havent seen anyone here advocate for open borders? Spot

The conservatives here seem to believe that accepting refugees in need of help is 'open borders'.

aquascoot wrote on Aug 21^st, 2019 at 2:08pm:

i reject most of that. japan, south korea, taiwan, singapore , switzerland, the UAE, are rich , powerful and totally capitalist society who have embraced capitalism but have not embraced any sort of "open borders" i think last year, japan took 1 assylum seeker . and capitalism with open borders is a catastrophe for the workforce at the bottom. Bernie sanders even admits this . Cesar Chavez, a hero of the farm workers union organised strikes that demanded that mexicans be deported. it surprises me that the left are so keen on open borders. it is a delight to the capitalist CEO's and a disaster for their core constituents. you want to ask yourself "why did so many of the working poor vote for a rich mogul like trump?" you want to reflect on that for about 5 years

Capitalism relies on open borders, dear. How else would the big manufacturers offshore? They simply transfer funds to China, move production there, then ship the products all over the world.

Easy. Capitalism's "golden age" in the 19th century is described thus because of its freedom of movement between borders. You could grow opium in India, ship it to China and ship the payment in Chinese silver off to the Bank of England. No worries.

If any Chinese were chased out, they caught ships to the goldfields of Australia or Amerika's Wild West. Any Injuns? The Brits moved them round as indentured labourers - South Africa, Malaya, the Dutch East Indies. They worked so hard, Mother thanked them with her love.

Freedom of trade, freedom of labour. The golden age of capitalism before WWI, WWII and the Cold War put up all those borders.

I've already asked you why the working poor voted for Mr Trump, remember? You said he tricked them with his awesome Tweets.

They're really dumb, you see. They're just want to be entertained. They live lives of pure garbage. Mr Trump is able to exploit this market because he's so cunning.

Cometh the hour cometh the man, no?

greggerypeccary wrote on Aug 21^st, 2019 at 4:06pm:

Sir Spot of Borg wrote on Aug 21st, 2019 at 3:56pm: aquascoot wrote on Aug 21st, 2019 at 2:08pm: i reject most of that. japan, south korea, taiwan, singapore , switzerland, the UAE, are rich , powerful and totally capitalist society who have embraced capitalism but have not embraced any sort of "open borders" i think last year, japan took 1 assylum seeker . and capitalism with open borders is a catastrophe for the workforce at the bottom. Bernie sanders even admits this . Cesar Chavez, a hero of the farm workers union organised strikes that demanded that mexicans be deported. it surprises me that the left are so keen on open borders. it is a delight to the capitalist CEO's and a disaster for their core constituents. you want to ask yourself "why did so many of the working poor vote for a rich mogul like trump?" you want to reflect on that for about 5 years I havent seen anyone here advocate for open borders? Spot The conservatives here seem to believe that accepting refugees in need of help is 'open borders'.

Well, you must admit, 13,000 a year is a lot.

Mattyfisk wrote on Aug 20^th, 2019 at 12:02pm:

I could not agree more, dear. Japanese cars are certainly superior to American cars. The Japs certainly forced "Australian" cars to lift their game. Before the Japs started exporting, you couldn't even get a radio or a heater in an Australian car.

I know I will never buy an American made car.  They are garbage for the money - especially GM products.


Mattyfisk wrote on Aug 20^th, 2019 at 12:02pm:

Why would we value American jobs more than Mexican or Japanese jobs? Someone's got to make the cars we drive. Globalisation, innit. We're fans, no?

The globalization of the auto industry has over time resulted in the integration of production all across the world which means that the parts in cars today come from all over the world and no one blinks an eye.

GM's steering parts plants nearby Saginaw Michigan were first sold off to Delphi when the GM parts division went bankrupt in 2005 before being sold to Nexteer Automotive, which is owned by Chinese parts maker Pacific Century Motors.

So now you have the top three industrial icons of American capitalism (GM, Chrysler, and Ford) that have all been integrated into a complex and confusing system of global production and the struggle by giant transnational corporations to beat out competitors for markets and to dominate the new electric and self-driving technologies in order to gain a new monopoly. This only underscores the need to reject this nationalist poison promoted by the UAW, the the F A T orange puke's administration but I see no fight on the horizon for the international unity of autoworkers against the capitalist system.

Marla wrote on Aug 22^nd, 2019 at 11:46pm:

Mattyfisk wrote on Aug 20th, 2019 at 12:02pm: I could not agree more, dear. Japanese cars are certainly superior to American cars. The Japs certainly forced "Australian" cars to lift their game. Before the Japs started exporting, you couldn't even get a radio or a heater in an Australian car. I know I will never buy an American made car.  They are garbage for the money - especially GM products. Mattyfisk wrote on Aug 20th, 2019 at 12:02pm: Why would we value American jobs more than Mexican or Japanese jobs? Someone's got to make the cars we drive. Globalisation, innit. We're fans, no? The globalization of the auto industry has over time resulted in the integration of production all across the world which means that the parts in cars today come from all over the world and no one blinks an eye. GM's steering parts plants nearby Saginaw Michigan were first sold off to Delphi when the GM parts division went bankrupt in 2005 before being sold to Nexteer Automotive, which is owned by Chinese parts maker Pacific Century Motors. So now you have the top three industrial icons of American capitalism (GM, Chrysler, and Ford) that have all been integrated into a complex and confusing system of global production and the struggle by giant transnational corporations to beat out competitors for markets and to dominate the new electric and self-driving technologies in order to gain a new monopoly. This only underscores the need to reject this nationalist poison promoted by the UAW, the the F A T orange puke's administration but I see no fight on the horizon for the international unity of autoworkers against the capitalist system.

You raise a very interesting point, dear. If the finished product is built or conceived all over the world, how can it be classed as an import or an export?

In this sense, terms of trade are superfluous, which is exactly what Gary Cohn tried telling Trump as his economics advisor. These are global supply and production chains. Capital - and labour - is dispersed. In national terms, there are no winners and losers.

The cities in Australia where BHP once produced steel are no longer rust belts. They're now suburban satellites. The jobs have shifted to health, education, aged and child care. Australia is now a service economy.

You've hit the nail on the head with Trump's real agenda. It's about creating and protecting bloated corporate monopolies, and this is all protectionism has ever been.