The exact same thing they said about japanese-made cars in the 70s and in both cases they were right because american cars are trash.

Well too fucking bad UAW and NADA both supported trump and now here come the leopards to eat their faces.

Trump pisses off our closest ally Canada and now they have given a toe hold in NA to China, and continue to boycott America products and tourism. The tourism alone has taken away 1.3 billion so far this year.

Chinese cars are coming and there's nothing these fucks can do about.

Fuck them.

The irony is: the original theory of capitalism (in contrast with the clusterfuck that we have now) was based on the idea that competition breeds innovation - because those who didn't innovate would go out of business due to being surpassed by the others.

Its because they don't actually want free markets. They want captive markets in a corrupt system that they can influence. The last thing want is to be forced to make a decent product at an affordable price

Capitalists don't like honest competition, since it requires them to research positive innovations.

But Marx tells us (in Das Kapital ) that the capitalist will always be seek to bypass regulations and ultimately capture the regulating government.

And yes, the scientific advancements of the moon shots returned $14 for every $1 spent. Using that as a reference, lobbying federal and state governments return $120 for every $1 spent.

TIL private equity consolidated all the firetruck manufacturers into a single entity, and then slowed the rate of production, more than doubling the price and the wait time. Firehouses can no longer afford trucks.

It wouldn't be devastating if you read the room and made AFFORDABLE ANYTHING. Why do you think your own company couldn't keep the $20k Maverick in stock for years? Why do you think your $100k Lightning didn't sell well?

Make affordable, decent vehicles, and you won't have to worry about overseas competition.

When they want to move manufacturing or people lose their jobs ... these guys are all "this is just business".

This is backwards. Capitalism is the disruption of free markets to create extraordinary profits for some and higher costs for most. Ford is doing Capitalism. What Capitalists don't want are free markets.

Capitalism is when the government buys a stake in Intel, or tries to invest in AI companies or tariffs the world, or ...

Once again proving that corporations have no beliefs apart from "Make more money."

Devastating... like having Dump's policies close your manufacturing locations down and have to layoff all the workers? That kind of devastation?

Nooooo, you have to let us ship all aspects of car manufacturing overseas while we pocket the profits and use that money to attack green energy!

I love competition! Except when I lose then competition is bad I need to change the rules so I'm the only one who wins. Yes I am way more deserving than other humans because I am me. And me is better.

Checkmate!

Wait, new rule you have to checkmate twice in a row to win.

Checkmate again!

New rule it only counts if we just ate salmon before playing.

Very good dish, checkmate!

New rule, you have to be me to checkmate.

The Ford that has moved a bunch of their manufacturing to Mexico after carving out a tariff exemption from vehicles manufactured there?

Invisible hand at work

If a manufacturer without labor laws competes with a manufacturer with labor laws it’s just not a fair fight

Chinese cars can't be sold in the US?

There's plenty of competition in the US auto market, both from US, Japanese and European brands.

The difference is these cars are either made in the US or in countries with similar enough wages. Even cars made in mexico are required to have a $16 minimum wage as part of USMCA.

China is on a different level and allowing them to sell cars here without restrictions would cause a race to the bottom for wages in the auto sector, pushing back a lot of wins the UAW has gotten recently.

If they want to sell cars here they should get the same deal as mexico, require a minimum wage and labor standards.