4 Dec 2008 8:45 am   //   Filed under: Hard times

Car trouble

Last night I watched “Roger & Me,” Michael Moore’s 1989 documentary about the sorry condition of Flint, Michigan, after General Motors abandoned the city. One of the movie’s messages is that a corporation has no concern for individuals – only for making money for the corporation’s owners.

This is true. The one thing a corporation is good for is generating wealth for its shareholders, ideally more this year than last. The General Motors of “Roger & Me” is a ruthless profit machine.

Seems quaint now, doesn’t it? The General Motors of today, in addition to being a soulless corporation with cavalier concern for the factory towns it built, also now fails at the task of making money. What about this enterprise is worth saving?