GM must face reality in Europe

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>]

>>> cbcox@xxxxxxxxx 08/21/01 11:50AM >>>


Charles Brown wrote:
>
> Conservative Detroit News continues to push left line on dismal economic picture.
>
> World Auto View
> GM must face reality in Europe: Closings and job cuts are inevitable
>

Charles, how is this a left (or any particular) line?

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CB: You know the theme on this list about left economists always bringing up that it looks like the economy is going into recession ? It is not just left economists who are talking about economic bad times.

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Condensed, it says
GM is going to have to lay off a lot of workers. So?

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CB: What do the workers think of this ?

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At least for the
present, I would assume slump in the "advanced" nations will have the
effect of killing what labor activity was beginning to develop in the
'90s. For the first 5 or so years of a slump this is almost always the
case. And of course few slumps have lasted as long as 5 years.

Marx recognized this:

***
	As soon as the working-class, stunned at first by the noise and turmoil
of the new system of production, recovered, in some measure, its senses,
its resistance began, and first in the native land of machinism, in
England. For 30 years, however, the concessions conquered by the
workpeople were purely nominal.
	_Capital_ I (Progress), p. 264. [2d full paragraph of Chap. 10, Section
6]

Workers in the U.S. were just beginning in the late '90s to "recover"
from the noise and turmoil of the capitalist offensive that began in the
administrations of Ford and Carter. When would they begin to recover
from a slump now?

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CB: What was the evidence that they were beginning to recover ?