Word: chryslerã
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...What, then, does Bloom’s appointment signal? His job encompasses a broad range of industries, from the steel mills he has helped organize in his position with the United Steel Workers to the Big Three automakers—Ford, General Motors, and Chrysler??€”in Detroit. Bloom and Keilin have already proven that worker ownership can work—since, before the United deal, they made their reputation by advising steel workers in buying out their employers...
...alone should determine which companies and industries succeed and fail. A company’s decisions, whether they are wise or poor, are its own to make, and it should have to face consequences of those decisions. The American auto industry giants—namely, General Motors, Ford, and Chrysler??€”have made a number of poor, if not self-destructive, choices in the past decade, culminating in their current liquidity crisis. While a healthy economy would survive the bankruptcy of a Big Three auto giant, any such failure could plunge the economy as a whole into depression...
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