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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (532705)11/25/2009 3:50:14 PM
From: TimF  Read Replies (1) | Respond to of 1577592
 
If the Big Three were thriving, Detroit would be fine.

Some of the factors that contribute to the big three not thriving are "private unions, high tax rates, overly interventionist state and local government". Those same factors also act to prevent replacement industry from developing.

And yes its not all the costs for the businesses. Things like weather which you mentioned before, can play a small role (but its not the driving force behind the problem), and the poor public services in Detroit are a problem as well, but the public sector unions are a big reason (not the only one but an important one) for the poor public services.

What kind of system is capitalism if it can afford to toss aside whole cities and let them rot?

If it was more capitalist, it probably wouldn't be rotting. A bloated public sector, and inefficient work rules aren't problems caused by capitalism.