Home
/
RELIGION & LIBERTY ONLINE
/
Attack of the so-called free markets!
Attack of the so-called free markets!
Aug 29, 2025 4:31 AM

Economic reality is finally catching up with the big American automakers and their suppliers, as noted by Thomas Bray in Wednesday’s Detroit News:

Around Detroit, the bankruptcy of giant auto parts maker Delphi Corp. is seen as a precursor of what’s in store for the entire American auto industry. More fundamentally, it confirms the bankruptcy of the industrial welfare state.

The powers of denial ensure it may be some time before our politicians, unions and even corporate leaders catch up to that fact. Exhibit A was the knee-jerk rant by Gov. Jennifer Granholm, who pronounced herself “angry” at Delphi. She then went on to blame the usual catalog of left-wing villains: “globalization,” “outsourcing,” “upper management,” “lack of support from Washington for the industries that made our country great” and “so-called free trade.”

Oh yes, and not enough government spending on health care.

I must pause here to note that Governor Granholm seems to be of two minds on the issue of globalization. Sure, international trade and investment are great when German and Japanese corporations partner to open a new engine plant in your state, or when you go on a trade mission to Japan in order to urge panies to outsource their jobs to… (ahem) …”invest in Michigan.” But when Delphi feels the heat of petition? Well, that’s another story.

But I’ve gotten off-topic. Returning to Bray’s article, we see that all of the reasons listed by Granholm for Delphi’s struggles lose their punch when faced with cold, hard reality:

But no amount of foot-stamping is likely to change facts. Among them: Delphi’s 33,000 unionized workers in the United States, like those of General Motors, Ford and Chrysler, still earn far above the national average in wages and benefits long after it was clear that this was no longer sustainable.

Touché.

Bray closes with an observation that we would do well to take to heart:

Globalization isn’t the enemy. It’s simply the messenger, exposing the rotten structure of the industrial welfare state for what it is, a lumbering dinosaur that can’t see 20 feet ahead of itself. Like the broader welfare state, to which it is so closely tied through labor, tax and other laws, the industrial welfare state of the 20th century is badly overdue for a rethinking.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Dispatches from the Academy: Making Men Moral
In the wake of Joseph Lawler’s piece on George Mason economists evaluating conservative magazines’ affinity for liberty on the basis of their treatment of sex, gambling, and drugs, Princeton’s Robert George is the perfect antidote. He could have reminded the measurers of liberty that those who favor laissez faire with regard to vice are often much less friendly to consensual acts of capitalism between adults. It’s a point he made in his seminal book Making Men Moral. I’m currently attending...
Dave Ramsey’s Financial Ministry
Thanks to Clear Channel Radio, I was able to attend Dave Ramsey’s event in Grand Rapids last night. I used to listen to Ramsey on the radio quite a bit as a seminary student in Kentucky and I was always impressed by how much he was inspiring American families to live within their means and e better financial stewards of their resources and e. His own personal faith testimony is very real and inspiring and that brings me to another...
Acton Commentary: Bad News for Latin America
A wave of financial protectionism is embedded in much of the stimulus legislation and bailout measures that have been adopted in Europe and America in recent weeks. One result of these ill-advised moves will be a dramatic reduction in private capital flows to emerging markets in 2009. “Among the biggest losers will be Latin American nations,” warns Samuel Gregg in mentary. Read mentary at the Acton website ment on it here. ...
Acton Commentary: Ecuador’s closed door policy
Today, Fernando Coronel, a law student at the Catholic University of Guayaquil, Ecuador, looks at Ecuadorian President Rafael Correa’s new restrictions on trade and the deeper problems he is creating through an alliance with other Latin American leaders advancing “21st Century Socialism.” Coronel observes that “the Correas of the world don’t really trust their fellow human beings to make the correct decisions when they are investing or spending their money.” Read mentary at the Acton Institute Website and share ments...
New Short Video from Acton Media
The latest in the Birth of Freedom Video Shorts Series, this new video from Acton Media asks the question, “Was Abraham Lincoln a reluctant abolitionist?” William B. Allen, Professor of Political Science at Michigan State University gives the answer, discussing Lincoln’s views on human rights and equality.This is the eleventh short in the series. To view the other ten videos, trailers, extended resources, or to purchase the full documentary, visit . ...
Acton Commentary: Charitable Choice and Secular Goods
“The Obama administration is looking to draw sharper lines on church-state interaction and to eliminate the ability of faith-based groups to hire only those who believe as they do,” warns Hunter Baker. Maybe one way to protect the mission of faith-based social service groups, and avoid a Culture Wars clash with the new administration, is to examine what we mean by “secular.” Read mentary at the Acton website and share your thoughts in the space below. ...
Bureaucracy and Institutional Evil
It’s a truism that progressive Christians emphasize the pervasiveness of structural or institutional evil, often at the expense of individual or personal sin. The structures of the world are broken and they, not individuals, are responsible for the enduring injustices in the world. But e this perspective is never (or rarely) aimed at the bureaucracy of government? Sure, when the government does something political progressives don’t like, they’re quick to condemn the institution itself. But why isn’t the broken bureaucracy...
‘The Morality of Mortgage Relief’
The National Catholic Register’s Tom McFeely interviewed Sam Gregg, director of research at Acton, about President Barack Obama’s $75-billion plan to help mortgage holders at risk of default. McFeely: What is your overall assessment of President Obama’s mortgage relief plan? Is it likely to work? Sam Gregg: Without question, thousands are suffering as mortgage defaults rise across America. Their plight should not be trivialized. That said, I am deeply skeptical of the mortgage relief plan. I believe that it will...
PBR: Globalism in Retreat
From the scuffle over “Buy American” provisions in the most recent federal stimulus package, to concerns about declining exports in countries like China, to high-profile meetings of politicians and economists, it seems like anti-globalization sentiment is on the rise. Advocates of isolationism, protectionism, and localism have decried the increasingly integrated global economy for years. But the sharpness of criticisms of globalization has sharpened in the context of the global economic downturn. Reflecting on the World Economic Forum in Davos earlier...
Taking a Stand: R&L Interviews Gov. Mark Sanford
In the next issue of Religion & Liberty, we are featuring an interview with South Carolina Gov. Mark Sanford. Sanford has made national headlines for his principled opposition to all bailout and stimulus ing out of Washington. He was elected South Carolina’s governor in 2002 and re-elected in 2006, ing only the third two-term governor in modern state history. In 2008, Sanford was also named Chairman of the Republican Governors Association. Before ing governor, Sanford served six years in the...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved