3 ms·

Bingo. This is the end state of capitalism, a total lack of concern for brand on the part of the companies; a total lack of loyalty and trust on the part of the

• microcolonel 8y ago
  Still better than famine and genocide. And since we have a representative liberal democracy, the institutions and the state have recourse and are solving the problem.
  • minikites 8y ago
    Capitalism is the only solution to address famine and genocide? Or do you mean that famine and genocide aren't possible under capitalism?
    • rbanffy 8y ago
      > famine and genocide aren't possible under capitalism? There's abundant evidence contrary to that.
• bgorman 8y ago
  The core issue with Boeing is that they have captured the government. Boeing the largest defense contractor, and one of the biggest lobbyists. Boeing recently successfully blocked Bombardier from competing with the 737 by getting the US government to effectively ban the C-series aircraft. (Bombariders "solution" was to give Airbus a controlling interest in a joint venture to build the C-series). I don't think this is really capitalism, it is corporatism - where the government and mega-corporations are indistinguishable and they only care about profits (and consequently about preventing competition)
  • rbanffy 8y ago
    It is the unavoidable end state of poorly regulated capitalism. When a player achieves regulatory capture, there is no amount of market that can fix the issue.
    • magduf 8y ago
      Exactly. They have capitalism in Europe too, where the Airbus is made, but they don't have these problems because they have much more effective regulation.