Lets first cover that they have in fact been failing and folding. First AMC went under and received no bailout. Then Chrysler went under and was bailed out to prevent "job loss." Then Chrysler was acquired by Daimler. They Chrysler was spit out. Then it went bankrupt and was reacquired to become FCA. At the same time GM went bankrupt and had its head fired. In these 3 bankruptcies the government had to bail them out each time but its always bailing out these structurally bankrupt firms that are part of the petrol retail chain. Ford is facing cancelling its dividend and it just cancelled all its cars in the US and is now having to partner with VW on electrics- VW might as well acquire Ford as a penny stock in the not to distant future but is itself in trouble. GM as well isn't really modernizing its got people with Lutz' mentality at the helm, its just another piece of the petrol retail chain that is failing to make needed changes.
But the real reason for the failure is simply this:
It is simply because fossil fuels due to inherent sub threshold ultra low aggregate efficiency have been and always will be a failure in the face of higher efficiency alternatives. Those alternatives starting appearing in the early 1950s and some were above threshold on efficiency. But even if better alternatives hadn't been available fossil fuels would still be failing right down into their retailers because of the level of inherent inefficiency- its unsustainable or sub threshold. The utility of fossil fuels was realized in getting us to the above threshold replacements. The level of tech needed to fix fossil fuel tech's inefficiency would obviate the utility of fossil fuels as an energy because it would yield radically superior replacements on the level of over unity as a pre-requsite. And while that level of tech isn't present we already have radically compelling replacements. The whole point of fossil fuels since 1970 has been the generation of artificial scarcity to help drive human enslavement. Fossil fuels are about asserting a right to exploit or enslave and ending fossil fuels and that assertion is civil rights struggle of our time.
Petrol is a black hole destroying everything it touches and and the collapse of these petrol retail ice peddlers is just a symptom like the melting and breaking away of sheets of artic ice. We might as well be mining ore off pluto as an economic basis because petrol's obsolete economics are so bad. The economics of fossil fuels cannot be fixed. No economy that stays tied to it will prosper or remain competitive. Again, fossil fuels cannot be fixed only fools think otherwise at this point.
But the real reason for the failure is simply this:
It is simply because fossil fuels due to inherent sub threshold ultra low aggregate efficiency have been and always will be a failure in the face of higher efficiency alternatives. Those alternatives starting appearing in the early 1950s and some were above threshold on efficiency. But even if better alternatives hadn't been available fossil fuels would still be failing right down into their retailers because of the level of inherent inefficiency- its unsustainable or sub threshold. The utility of fossil fuels was realized in getting us to the above threshold replacements. The level of tech needed to fix fossil fuel tech's inefficiency would obviate the utility of fossil fuels as an energy because it would yield radically superior replacements on the level of over unity as a pre-requsite. And while that level of tech isn't present we already have radically compelling replacements. The whole point of fossil fuels since 1970 has been the generation of artificial scarcity to help drive human enslavement. Fossil fuels are about asserting a right to exploit or enslave and ending fossil fuels and that assertion is civil rights struggle of our time.
Petrol is a black hole destroying everything it touches and and the collapse of these petrol retail ice peddlers is just a symptom like the melting and breaking away of sheets of artic ice. We might as well be mining ore off pluto as an economic basis because petrol's obsolete economics are so bad. The economics of fossil fuels cannot be fixed. No economy that stays tied to it will prosper or remain competitive. Again, fossil fuels cannot be fixed only fools think otherwise at this point.
