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[Marxism] Hits on auto capital keep on coming, esp. to variable capital
Hits on auto capital keep on coming, esp. to variable capital
AXLE CONTRACT WINS APPROVAL
Detroit workers seal deal, mark painful turning point
http://www.freep.com/apps/pbcs.dll/article?AID=/20080523/BUSINESS01/805230305
Industry's structural shift hits Ford hard
Consumer move to smaller vehicles may mean more cuts, internal changes
for ailing Detroit automaker
http://www.detnews.com/apps/pbcs.dll/article?AID=/20080523/AUTO01/805230375
^^^^
CB: Auto capital is getting slaughtered by Capital's current
dynamic.
Of course, _variable_ capital, i.e labor, gets the most devastating
hit.
Big auto has got to be against Bush's war more than anybody, since it
is causing oil prices to rise, and cutting into sales of gas guzzlers
even more.
Nationalize the auto industry !
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- Thread context:
- Re: [Marxism] Clausewitz's On War, (continued)
- [Marxism] Indiana Jones makes communists see red,
Pat Costello Fri 23 May 2008, 22:19 GMT
- [Marxism] Hits on auto capital keep on coming, esp. to variable capital,
Charles Brown Fri 23 May 2008, 22:08 GMT
- [Marxism] Imperialism in 1848 (correction),
Charles Brown Fri 23 May 2008, 22:03 GMT
- [Marxism] Imperialism in 1848,
Charles Brown Fri 23 May 2008, 21:55 GMT
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