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Commentary On Why GM Matters By Rick Wagoner

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Commentary On Why GM Matters By Rick Wagoner
Why GM Matters is a book written about the history of General Motors Company and the struggle they endured during the 2008 economic recession. The book is broken into three parts; the first part explains what went wrong with General Motors Company including the workers that would be affected if General Motors Company had to move their production to another country or if they had to close the doors on General Motors Company and let Toyota buy them out. The book also discusses in the first part, the person most people consider responsible for their struggle throughout the recession, Rick Wagoner. The author in the first part conducted many interviews with General Motors Company employees such as, works that worked in the production plant, workers that handled the finances, but most notably, Rick Wagoner. The majority of the first part is about the history of General Motors Company and the consequences that would occur if General Motors was bought out by Toyota. The second part of Why GM Matters is about the …show more content…

Holstein’s book Why GM Matters there is a very logical argument about why the car company is important of the United States of America and how it would hurt the American economy if General Motors Company had to shut their doors or be bought out by Toyota. Doing some research on the author it is very apparent he is very knowledgeable about economics and their trends. However, it is also very apparent how biased he is towards General Motors Company. Holstein may not drive a car by General Motors Company, but he is very in favor of keeping the company in America to help boost the economy. He mentions not only the struggles the car company would face if they went out of production, but their workers and how behind that would put America’s economy. Overall, Holstein’s arguments were definitely influenced by his bias towards the car company and keeping it in America, but the topics he did discuss validated his opinion and were historically

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