Abstract:General Motors restructured its worldwide operations in the 1980s to maximally exploit cheap labour markets around the world, and this had devastating results for local economies in many places, including Flint, Michigan (US). While this restructuring did not save General Motors from eventual bankruptcy, the severe economic and social problems engendered by factory closures in Flint put the city’s local elites in a difficult position. Not only was their future prosperity no longer assured, but their exclusive … Show more
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