Friday, November 14, 2008

Auto Industry incompetence

For over thirty years the "Big Three" did nothing about the need to produce energy- efficient cars: they killed the domestic auto industry in the process, and now like most corporate malfeasance it's about to be rewarded with bailouts "to protect jobs."
Capitalism is degenerate, much like in Plato's "Republic" where republican decay is a consequence of the pursuit of private property and profit. The destruction of community good, and the falsification of Common Sense by neo-corporatists is at the root of this degeneracy. The State is not the answer. The people are: government as credit unionism: chartered rights and freedoms in which there is no such thing a good corporate citizen, because corporations are not citizens but legal fictions: entities that pursue private property and profit at the expense of all else, especially actual citizens.

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