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I wish people wouldn't spread this nonsense. Public companies can care about whatever they want until their shareholders sack the CEO, which is an extremely hi
by bananapub 2y ago
I wish people wouldn't spread this nonsense. Public companies can care about whatever they want until their shareholders sack the CEO, which is an extremely high bar. It seems extremely improbable to me that there would be a shareholder revolt over "hi, we'll be increasing COG by a tiny amount to improve quality of the METAL BIRDS PEOPLE PAY TO BE PUT IN".
your blithe blackpilled acceptance of sociopathy is wrong and unhelpful.
- Sl1mb0 2y agoAlright guy, I'll bite. Why do _you_ think that Boeing off-loaded manufacturing burden to 3rd party companies? Their executives have effectively gutted the company over the last 20 years. Now we're left with a bailed-out husk the government literally _cannot_ afford to let go out of business.
- orwin 2y agoThe shareholders choose the CEO to improve returns, not to improve safety, until safety safety impact returns (which it did for Boeing). Which is fair, we live in a capitalist world, capital is thus by definition deciding power and wanting to have more of it is a decent want.
- exe34 2y ago> your blithe blackpilled acceptance of sociopathy is wrong and unhelpful. if only shareholders and boards of directors held your innocent rose tinted views, the world would be a lovely place indeed.