Sustaining Maximum Private Profit with Public MoneyWhat is this U.S. Ford Motor Company that must be given public money or else it will close its Canadian plants? Has it changed its spots and become a charitable project spreading peace, goodness and light? Has it diverted from its imperialist and militarist roots both serving and profiting from war and the war economy? No, nothing has changed. The billionaire Ford/Firestone family empire remains in control and is richer and more powerful than ever. The global U.S. Ford Motor Company continues to suck blood and profit from the working class and demand public money from the state wherever it operates.
Every jurisdiction is blackmailed to offer the most public funds and benefits, if it wishes to have a certain private enterprise invest or continue in operation. Of course, if an investment and pay-the-rich scheme are consummated, jobs are a result as no enterprise operates without workers. In the case of the recent federal and Ontario handout to Ford of $590 million, the smokescreen to fool the gullible and disguise the plunder is the shift to a "green economy" and the need to be competitive in the global market. Changes in the productive forces and social product are constant throughout history and under imperialism any enterprise must adapt to those changes to be competitive. The U.S. Ford Motor Company came into being building motorized vehicles that replaced the horse and buggy for civilian and military use. In doing so Ford became a dominant global imperialist enterprise and its billionaire oligarch owners seized unparalleled power, privilege and control. The U.S. Ford Motor Company was instrumental in concretizing the pay-the-rich militarist economy during the economic crisis in the 1930s and its political expression in the national socialism of the Nazis and fascists in opposition to the revolutionary advance of the working class movement. Today, the politics of national socialism is not found within the crumbling nation states of the early twentieth century but as global neo-liberalism within the U.S.-led imperialist system of states to make the rich richer and more powerful and privileged. The aim remains to make maximum profit through the plunder of global resources and working people. The competition on a global scale for the oligarchs involves massive military preparations, constant war, sanctions, blockades and interference in the sovereign affairs of others.
Working people must take sober stock of the situation and build their own independent organizations to defend their rights and claims in the present and prepare to take the economy and society in a new direction outside the clutches of the global oligarchy and U.S. imperialism and its war economy. Workers do not need or want plutocrats and oligarchs dictating to them how to manage their economic, political and social affairs. To strengthen this journey towards a new direction and emancipation, working people must more firmly raise the banner to defend their rights and claims in the present and demand governments uphold their social responsibilities towards the people and society or leave the scene of history. Denounce the plunder of the federal and Ontario public treasuries by the Ford oligarchs and their political henchmen! (Photos: TML)
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The imperialist
economy has degenerated to the point where maximum
profit for private
enterprise is sustained with public funds within a
war economy and
blackmail of the working class. No large
investment is made or private
enterprise operates without public funds
augmenting its profits.
The neo-liberals
chant, "All power to the oligarchs to build a war
economy and
plutocracy to defeat our competitors in the market
through war and
plunder of public treasuries, and to suppress the
working class
movement for its rights, claims and emancipation."