Monday, December 14, 2015

It's The Capitalist Way

In October, Ontarians lost a high stakes bidding war over auto-manufacturing jobs. Unifor, the auto workers' union, said that Ford will build a new type of engine in Mexico instead of Windsor. The project would have meant about 1,000 jobs. The minister for Economic Development and Employment, Brad Duguid, said, " Our government is committed to partnering with business in a fiscally responsible way, but we will not invest taxpayers' dollars in any partnership that does not provide a strong return for Ontarians". Governments at all levels have been stung hard and often by companies taking the money and running away in short order. It will be, as usual, the working class that loses out with fewer good jobs while the capitalist class can still invest their money in the company no matter where it operates. Many other countries are competing for work by offering huge incentives and low labour costs resulting in higher profits. It's the natural thing for capital to do. To beat it, drop capitalism. John Ayers.

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