Category Archives: Corporate Crimes

GM saved $1 per faulty car

GM saved $1 per faulty car

According to an internal document given to U.S. congressional investigators, in 2005 General Motors did not change the ignition switch in cars that have been linked to at least 13 deaths, because it would have added roughly a dollar to the cost of each car.”

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Noam Chomsky: America hates its poor

Noam Chomsky: America hates its poor

“The enormous benefits given to the very wealthy, the privileges for the very wealthy here, are way beyond those of other comparable societies and are part of the ongoing class war. Take a look at CEO salaries. CEOs are no more productive or brilliant here than they are in Europe, but the pay, bonuses, and enormous power they get here are out of sight. They’re probably a drain on the economy, and they become even more powerful when they are able to gain control of policy decisions.”

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Noam Chomsky: America’s infrastructure is broken

Noam Chomsky: America’s infrastructure is broken

“They were General Motors, Standard Oil of California and, I think, Firestone Rubber. The origins of suburbia reveal an attempt to take over a fairly efficient mass-transportation system in parts of California—the electric railways in Los Angeles and the like—and destroy them so as to shift energy use to fossil fuels and increase consumer demand for rubber, automobiles and trucks and so on. [29] It was a literal conspiracy. It went to court. The courts fined the corporations $5000, or something like that, probably equivalent to the cost of their victory dinner.[30]

But what happened in California started a process that then expanded—and in many ways. It included the interstate highway system. That was presented as part of the defense against the Russians. It was launched under the Interstate Defense Highway Act of 1956, and was intended to facilitate the movement of people and goods, troops and arms, and, allegedly, to prevent overpopulation in specific areas that could become the focus of nuclear attack. [31] The slogan of defense is the standard way of inducing the taxpayer to pay the cost of the next stage of the hi-tech economy of course.[32] That’s true whether it be computers, the Internet or, as in this case, a car-based transportation system.[33]

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