Today's The New York Times includes a review of a book lamenting the closure of a GM plant in Wisconsin:
https://www.nytimes.com/2017/04/19/books/review-janesville-amy-goldstein.html
Earlier, we learned that another GM plant had been seized in Venezuela:
http://money.cnn.com/2017/04/20/news/gm-venezuela-plant-seized/
While it's difficult to know why the plant in Venezuela was seized, one thing is certain - in the US a corporation can turn a multi-billion dollar asset into a scrap heap whenever it wants to, no questions asked.
Does that make any sense to you?
I bet the workers in both locations could keep these plants running. Here's an example of how such a thing can be done:
http://sainthoward.blogspot.com/2017/04/sin-patron.html
Or does it make more sense to just scrap them and allow the corporations to take a tax write-off?
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