While some posters, (eg: patientrenter and econprof) frame things in non-analytical and facile ways, they still have good points.
I think that I would like to know more about this before putting forward an opinion. I wish someone would put together a cnn-style explainer on it. The specific question I would like to see answered is:
Why does GM have so many problems that Toyota does not?
I would like to see this answered for just these 2 companies and I would like to see an answer that includes more than just the shitty end product.
I would like to see someone put numbers in terms of actual percentages of earnings that go where and to whom. I suspect the percent of earnings for GM to legacy costs is comparatively high and that earnings are low (see shitty product above). But I would still like to see hard numbers and apples to apples comparisons of operating models.