http://www.workers.org/2011/us/banks_destroyed_detroit_0407/
How the banks destroyed Detroit www.workers.org Detroit lost 25 percent of its population in the last decade, according to the 2010 U.S. Census. Like · · Unfollow Post · Share · Friday at 9:28am 2 people like this. Charles Brown Occupy Wall Street in Detroit Friday at 9:28am · Like · 1 Michael Berger Charles Brown....the banks are indeed the spinal cord of the capitalist class. What destroyed the Rust Belt is the elimination of labor in production of goods AND services. Think MaBell. Think robotics and microprocessors. Think about the m...See More Friday at 7:53pm · Like · 1 Ryan Lesnick Dont you think maybe years of very corrupt city politics had a direct cause of detroits collapse? 7 hours ago via mobile · Like Charles Brown @Ryan, no. Detroit's politics r not more corrupt than average for US city. Chicago, or Philadelphia or New York or LA haven't collapsed and they are as "corrupt" as Detroit. The corruption there is doesn't lose money for the city. A cont...See More 7 hours ago · Like Charles Brown At Michael Berger, there has always been mass unemployment under capitalism, a relative surplus population due to technological advance. There are not literally zero jobs now. 7 hours ago · Like Ryan Lesnick Crime went up, businesses left and so did detroits economy. You drive out the people, you drive out the money. Absolutly not the banks fault. 6 hours ago via mobile · Like Ryan Lesnick Mass unemployment under capitolism? Really ? As compared to which socialist country? Averagr US unemployed is about 5 to 6% 6 hours ago via mobile · Like Charles Brown That wasn't caused by the City government officials. High unemployment and poverty , the causes of crime going up is due to businesses leaving. Businesses leaving is the decision of private CEO's not the City government officials. So, the p...See More 6 hours ago · Like Charles Brown That's why we say occupy Wall Street in Detroit. 6 hours ago · Like Charles Brown The big corporations have controlled Detroit forever, since Henry Ford at least. The crisis in Detroit is caused by the big corporations just like the crisis everywhere. 6 hours ago · Like Ryan Lesnick Everyone in the suburbs knows exactly why people left. Certain types moved in, crime went sky high. All began after the riots of 67. You can make any excuse you want, but the truth is right there 6 hours ago via mobile · Like Tony Lagace Average unemployment 5 or 6 % ? 4 hours ago via mobile · Like Ryan Lesnick From past few decades 8 minutes ago via mobile · Like Charles Brown Soviet Union was famous for zero unemployment. Compared to socialist countries, capitalist countries have high unemployment. 7 minutes ago · Like Charles Brown "Everyone in the suburbs" who says that got it exactly wrong. See Segrue's Origin of the Urban Crisis. Flight to the suburbs began in the 1950's. Population 2 million started down from then. Nobody moved in . The beginning of the end of white supremacist housing segregation ( all Black people were required to live in an area known as "Black Bottom") meant Black people began to live throughout the city.People already here could now, with their American freedoms live in any part of the city they wanted . Many whites left with their hideous prejudices against Black people. It was the whites who always used violence against Blacks by far, from the KKK lynchings to the Black Knights , the white race riot of 1943, to continuous racist police brutality. It's all there in the historical record. about a minute ago · Like Charles Brown @ Ryan u don't deny that big corporations, not the city government, make the decisions about the city's economy, do u ? _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
