Comments on: General: green U.S. auto industry for national security http://www.greenbang.com/general-green-us-auto-industry-for-national-security_6451.html Sustainable Energy Insight Fri, 27 Jan 2012 01:18:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Little Richardjohn http://www.greenbang.com/general-green-us-auto-industry-for-national-security_6451.html/comment-page-1#comment-5881 Little Richardjohn Sat, 13 Dec 2008 16:19:04 +0000 http://www.greenbang.com/?p=6451#comment-5881 Why should the state buy defunct car companies? They are worth nothing except the people who kept them working, so by any common law morality, the asset reverts to the ownership of society - the people. The short-termism of the corporations hasn't worked, they've had their chance and they blew it. In effect, the car industry has died without leaving a will. Its estate would, in a family situation, revert to the next of kin; in this case, the workers as represented by the state.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5881','Little Richardjohn'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('5881','Little Richardjohn','Why should the state buy defunct car companies? They are worth nothing except the people who kept them working, so by any common law morality, the asset reverts to the ownership of society - the people. \r\nThe short-termism of the corporations hasn\'t worked, they\'ve had their chance and they blew it. In effect, the car industry has died without leaving a will. Its estate would, in a family situation, revert to the next of kin; in this case, the workers as represented by the state.'); return false;">Quote</a></div> Why should the state buy defunct car companies? They are worth nothing except the people who kept them working, so by any common law morality, the asset reverts to the ownership of society – the people.
The short-termism of the corporations hasn’t worked, they’ve had their chance and they blew it. In effect, the car industry has died without leaving a will. Its estate would, in a family situation, revert to the next of kin; in this case, the workers as represented by the state.
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