Wednesday, February 22, 2006

Washington Post Columinist Blames Capitalism for GM Woes

The Washington Post's house socialist Harold Meyerson reports:
Unions are blamed for the woes of Ford and General Motors, but it's more the case that the political weakness of U.S. unions is responsible for the woes of Old Auto. In every other industrialized nation, the health care of workers, retirees and their families is the responsibility of the government. In the United States, labor has failed to secure universal health coverage, which remains instead the responsibility of individual employers. This puts companies with lots of retirees at a disadvantage with newer firms and imposes costs on U.S. employers that their foreign competitors are spared. If not having universal public health insurance is the mark of a more purely capitalist economy, then the United States may be too capitalist to compete in the global marketplace.
Harold Meyerson's odd logic doesn't explain why non-union plants in the Southern part of the United States are doing just fine in the competition battle.That's something that socialists like Meyerson never seem to understand.