The idea that a major employer like General Motors is bound by some notion of "social contract" is as good as dead.
Greed is the ultimate value these days among the keeners coming out of MBA programs. Greed makes some people filthy rich. Greedy people can get rich enough to buy the people who make the rules. Then you've got a closed-loop self-devouring perpetual greed machine on the loose...
That can only end badly, as it is ending badly for those three thousand families in Oshawa. As it has for 16,000 Sears employees and their pensions.
A couple of greedbags were allowed to plunder CP Rail, destroying over five thousand jobs but walking away with billions for their efforts.
Meanwhile, our precious princeling billows progressive hot air into the heavens in such volumes that we'll never meet our emissions targets, while simultaneously buying us pipelines, because the greedbags who own our oil demand them.
And don't expect to get the whole story from your friendly corporate news media; the greedbags own those too.
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