This is not how industrial capitalism is supposed to work. It is exactly how corporate capitalism works.
Workers insist their operation is profitable and makes top quality auto sensors.
?I understand business needs to make a profit. But this product has always made a ton of money. It?s just that they think it is not enough money. They are greedy,? said Tom Gaulraupp, who has put in 33 years at the plant and is facing the prospect of becoming jobless at the age of 54.
Mark Shreck, a 36-year-old father-of-three, confessed he was one of the few workers not surprised at the layoffs, as this is the second time his job has moved to China. ?I feel this is what companies do nowadays,? he said.
The Freeport workers have appealed to Bain and Romney to save their plant. The local town council, several Illinois politicians and the state?s Democratic governor have all rallied to their cause. ?This company is competitive globally. They make a profit here. But Bain Capital decided to squeeze it a little further. That is not what capitalism is meant to be about,? said Freeport mayor George Gaulrapp, 52, pictured.
via ?I?m sick to my stomach?: anger builds in Illinois at Bain?s latest outsourcing plan | Business | guardian.co.uk.
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Source: http://karljaspers23.wordpress.com/2012/08/14/bains-latest-outsourcing-plan-business-guardian-co-uk/
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