General Motors layoffs and how capitalism works today

via General Motors layoffs and how capitalism works today

Posted: December 7, 2018

The increasingly parasitical nature of capitalism today is reflected today in a number of ways.  One is the artificial nature of share ‘values’ and how workers’ jobs, pay and conitions are affected by this.  Below is a piece dealing with the latest round of massive layoffs by GM in the United States and how these layoffs reflect the increasingly parasitical forms of capital/ism today.  It is the editorial from the latest set of fortnightly workplace bulletins produced by The Spark, a US Marxist workers’ current.

General Motors is closing down five plants and laying off 14,500 workers.

That announcement – shocking because it comes in the midst of so-called “good times” – was justified by one lie after another.

Advertisements

2 thoughts on “General Motors layoffs and how capitalism works today”

  1. IN REALITY NO SYSTEM OF GOVERNMENT OR ECONOMICS IS WORKING, BECAUSE WHEN YOU HAVE EVIL AND CORRUPTION EVERYTHING BECOMES RUSTY AND DECAYS. WE HAVE TO SEE WHAT BECOMES OF THIS: PRESIDENT TRUMP’S SECOND DAUGHTER AND FOURTH CHILD FROM IS SECOND MARRIAGE TO MARLA MAPLES, IS SERIOUSLY DATING A MAN WHO GREW UP IN NIGERIA, AND HIS FAMILY IS FROM A COUNTRY IN THE MIDDLE EAST. HIS NAME IS MICHAEL BOULOUS, TO CUT TO THE CHASE HE AND HIS FAMILY ARE MULTI-BILLIONAIRES, DEALING IN EVERY ASPECT OF THE AUTOMOBILE INDUSTRY, CONSTRUCTION, TRADE, ETC… TIFFANY TRUMP IS SAID TO BE SMITTEN, BY THIS YOUNG MAN. NO DOUBT A RELATIONSHIP SUCH AS THIS ONE COULD PUT US HERE IN THE USA INTO A FURTHER LOOP. WE DO HAVE TO KEEP AN EYE OUT ON THIS ONE.

    Liked by 1 person

Your comments are welcomed

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s