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1 edit | reply to sonicmerlin
Re: Celebrating "Labor"...? said by sonicmerlin:Consumer trends changed significantly over the last 2 decades as people became more environmentally conscience. I don't know if I'd blame automakers for finding themselves without the products consumers want today. During the "bubble," consumers couldn't get enough monster-truck SUVs. The automakers were just meeting the fickle will of consumers.
IMO, this (along with what happened in the mid '70s and early '80s) is a good example of why government should set CAFE (fuel economy) standards to help the auto industry have a longer-term vision than just what the public wants to buy today. If the auto industry wasn't "too big to fail" I'd be ok letting them suffer their own consequence. But, whenever they find themselves caught flat footed like this we always have to bail them out (because the alternative is worse).
I agree with you about unions being pretty good. I don't know if I'd compare ours to Europe's unions. Europe has more holistic/coherent labor laws, facilitating cooperation between labor and management. Something more like "workplace democracy," not an antagonistic relationship with both sides viewing the business as something to be pillaged at the expense of the other side.
Mark |