Saturday, August 10, 2013

Capitalism Hits The Fan

Example of Capitalism hitting the fan: In the 1950s, Detroit was a powerhouse, an industrial behemoth that had over 3000,000 manufacturing jobs. It has about 30,000 now. (Source: PBS News Hour, 8/9/2013). Now the ruling class is looking to cheat Detroit's municipal retirees out of their hard-earned pensions. But the reactionaries and racists - on the web and elsewhere - are busy blaming Detroit residents for their plight. Never mind the lion's share of the onus, which should be properly directly at General Motors, Ford and Chrysler. http://books.google.com/books?id=36fAB5cfyKwC&printsec=frontcover&dq=capitalism+hits+the+fan&hl=en&sa=X&ei=gYoGUoqxFoKRygHvoYBA&ved=0CDwQ6AEwAA#v=onepage&q=capitalism%20hits%20the%20fan&f=false

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