Socialism wins again - Detroit goes Bankrupt!

[Adak]

Originally Posted by DanaC

Unions agitating for better pay or working conditions is not the same thing as 'socialism'.

When the Unions control production, most of the politicians, and can force huge wages and benefits for themselves, (far beyond the scale of non-union workers), then it's certainly NOT free market capitalism, anymore.

Unions frequently agitate for better pay or working conditions, but in the case of the Detroit auto companies, the unions were able to take control, by initiating crippling strikes, and ensuring their candidate won the election for the city, through large donations.

After they won, of course, they "owed" the union and gave in very readily to demands for higher wages and benefits to city employees.

We had the same problem in my city, which almost forced us into bankruptcy. Ten years later, we're still facing a huge debt, because of it.