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Re: [Pen-l] labor and the auto companies



Raghu writes:

>>The UAW represents both retirees and current workers. They would face enormous conflicts of interest by assuming control.

Are you saying there are inherent conflicts if the workers own the means of production?  What kind of Marxist are you?  

>>But the question is: would you support a government bailout of worker-owned firms?

If I would not be willing to buy a share of GM for $3 (whether owned by public shareholders or the UAW), why would I be willing to do so as a taxpayer?

David Shemano


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