Capitalism

Why is Ford closing plants? Are they greedy capitalists that don't care about the well being of their workers? I think it is more likely that they make crappy cars and the prices are too high thanks to the artificially high wages they must pay union laborers. Bad quality plus high prices equals no sales in a capitalistic society. They have been bleeding cash for years. The question is not why they are closing the plants, but what has taken them so long? Don't get me wrong, I feel bad for those people losing their jobs. They have hitched their wagon to a dying breed. I hope they are able to find work for another automaker that understands the needs of the market and is better able to take care of its workers long term.Ford to Cut Up to 30,000 Jobs, Shut Plants - Yahoo! News