Comment on the urban plight in Detroit
This is caused entirely by Automotive manufacturers not living up to their implied commitment to their employees and just moving their production out of Detroit. Capitalism is inherently unstable. Capitalism is a self cannibalizing form of social organization where nothing is permanent or predictable. Seventy five percent of the single family homes in Detroit are abandoned or destroyed. Seventy five percent of the lives in Detroit were ruined by the automotive industry leaving town. This is the future of America. Pay close attention. Prepare for doom.
Novusod
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Novusod
14 minutes ago:
Wrong. Detroit is the result of Democrats and Unions killing the golden goose through high taxation and constant labor strikes.
atwaterpub
2 seconds ago;
Novusod --- "The Golden Goose has now been outsourced to China and you still protect the self indulgent and self aggrandizing philosophies of the Golden Goose?" Detroit is the future of ALL America unless we change the rules of the corporate economy. I just visited Cerritos, CA in Orange County this morning and was genuinely surprised and the number of new store closings. Large Department stores were abandoned and small mom and pop stores were closed also. Orange country is traditionally affluent compared to Los Angeles county.
It seems that Detroit is being repeated all over the USA as we speak because business has no ethical responsibility to the people it employs. Business only has an ethical responsibility to the stock shareholders. Corporations have no legal responsibility to their employees beyond a paycheck every two weeks. Even the employee contracts are being challenged in the court system. Business has no ethics or responsibility beyond insuring a quarterly profit and THAT is why Detroit was destroyed. Detroit was destroyed because it is good for business to destroy it. It is easier and less expensive to destroy Detroit than it is to try and preserve it. It is easier and less expensive to build a new factory in an impoverished rural community, than it is to preserve an existing business in a teeming metropolis. It is easier and less expensive to let the USA destroy itself and build new factories in India and China, than it is to try and preserve the economy we had.
copyright (c)2018
William Schaeffer
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