JohnRawls wrote:So you think GM closing factories in US is somehow related to leftism instead of outsourcing, optimisation of costs or low demand from millenials who have no money to buy cars on average? The problem is not the absence of resources, we have plenty. The absence of resources is the fact that people are loosing their ability to buy things, we compensated by loans for a long time now but this created inflated prices for a lot of things. Now reality is setting in.
Do not forget. The Taxpayers saved GM relatively recently. Why are the middle classes in charge of bailing out banks and large businesses but corporate businesses lobby for lower corporate taxation and don't even pay taxes in a lot of cases plus are allowed to even practice their cost-optimisation strategies?
Yes. GM having been on a lifeline for a decade at least doesn't disprove my argument.
It's like this. People want more than GM can afford to give, GM is competing with places like China in a free market which is why it can't afford certain things, yet the loudest people are also enraged by tariffs and protectionism, which might solve the China (et al.) issue because they want low consumer prices. Calling people foolish neo-liberals has no impact upon this situation.
This is not really a leftist or rightist issue. Leftism and rightism are human inventions. But rightism trends towards reality whereas Leftism trends towards fantasy. That's all.
Incidentally, my phone treats "rightism" as a typo but auto-capitalizes Leftism. Comical really. Someone at Google thought they were saving the world with that?
The outcome can only be protectionism, which will be blamed for higher prices, or a continued flight of wealth and prosperity to places that are willing to accept lower standards. Either way there are cause and effect phenomenon running that people don't want to accept.