When the North American car companies were deep in trouble the free market response would have been to let them go into receivership even though it would have meant a lot of lost jobs for working people. This issue has grey areas, because many other governments would have stepped in to subsidize or bail out their auto industries. That would have tipped playing field.
Why is it then that North America bailed out its automobile manufacturers? What is your opinion? I would like to know.
This is another complex issue.
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