Click here to access article by Hector Cordon from World Socialist Web Site.
The ongoing issue of whether Boeing uses its facilities in the Seattle area or move to numerous other sites across the country is an excellent illustration of the power of these huge corporations. They appear more powerful than the State of Washington which has proposed giving it record setting tax write-offs if they stay in the state. And, of course, there is no contest when they are put up against labor unions.
Unless you believe, like many liberals and other social critics, that these corporations can be downsized sufficiently to give local communities, states, and unions more power when confronting these mammoth corporations, then the only alternative is to socialize these corporations under public ownership.
Meanwhile, The Globe and Mail reports that Boeing has so much cash that they are buying their own stock and raising dividends to its stockholders (read wage-slave holders).
