{"id":104,"date":"2005-12-08T21:09:02","date_gmt":"2005-12-09T01:09:02","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/globalfund\/2005\/12\/08\/the-death-of-a-gm-dream\/"},"modified":"2005-12-08T21:09:02","modified_gmt":"2005-12-09T01:09:02","slug":"the-death-of-a-gm-dream","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/globalfund\/2005\/12\/08\/the-death-of-a-gm-dream\/","title":{"rendered":"The Death of a GM Dream"},"content":{"rendered":"

<\/a><\/p>\n

From the International Herald Tribune, Dec. 1, 2005
\n<\/span><\/span><\/p>\n\n\n\n\n
\n

\n\t\t\t\t\t\t<\/h1>\n

\n<\/td>\n<\/tr>\n

\n\t\t\t\t\t\tBy Jeremy W. Peters and Micheline Maynard<\/b><\/a> <\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n… “The social contract was that if we build a quality product, we’re
\ngoing to have jobs, our kids are going to have jobs, and the plant will
\nstill be in town,” he said. “Now, that idea is gone.” …<\/p>\n

Next year, in a move that presages the end to GM’s grand experiment,
\nthe company will shut down one of two assembly lines at what is
\narguably the most famous factory in the country, where workers and
\nmanagers started out making decisions together at a sprawling complex
\nnestled in rolling farm country near Nashville.<\/p>\n

 <\/div>\n

GM’s short attention span prompted it to neglect Saturn just at the
\npoint where it needed more investment. Instead, it poured money into
\nsport utility vehicles and pickups, hoping to outwit the Japanese –
\nonly to see them invade those markets, too.<\/p>\n","protected":false},"excerpt":{"rendered":"

From the International Herald Tribune, Dec. 1, 2005 By Jeremy W. Peters and Micheline Maynard … “The social contract was that if we build a quality product, we’re going to have jobs, our kids are going to have jobs, and the plant will still be in town,” he said. “Now, that idea is gone.” … […]<\/p>\n","protected":false},"author":359,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[782],"tags":[],"class_list":["post-104","post","type-post","status-publish","format-standard","hentry","category-multinational-corporate-responsibility"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/posts\/104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/users\/359"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/comments?post=104"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/posts\/104\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/media?parent=104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/categories?post=104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/globalfund\/wp-json\/wp\/v2\/tags?post=104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}