4 ms·
The Last Supper in 1993[4,5], is the likely root cause of all of this, in my opinion. It lead to the "feeding frenzy", a series of mergers. Its my understandin
by mikewarot 2y ago
The Last Supper in 1993[4,5], is the likely root cause of all of this, in my opinion. It lead to the "feeding frenzy", a series of mergers.
Its my understanding that the actual "crushing blow" for Boeing was the merger with McDonnell-Douglas[1] in 1997, and the profit über alles management style[2] that they were infected with as a result.[3]
[1] https://en.wikipedia.org/wiki/McDonnell_Douglas https://en.wikipedia.org/wiki/McDonnell_Douglas
[2] https://en.wikipedia.org/wiki/Late_capitalism https://en.wikipedia.org/wiki/Late_capitalism
[3] https://indi.ca/the-boeing-737-max-and-the-crash-of-capitalism/ https://indi.ca/the-boeing-737-max-and-the-crash-of-capitali...
[4] https://www.wbur.org/onpoint/2023/03/01/the-last-supper-how-a-1993-pentagon-dinner-reshaped-the-defense-industry https://www.wbur.org/onpoint/2023/03/01/the-last-supper-how-...
[5] https://en.wikipedia.org/wiki/Last_Supper_(Defense_industry) https://en.wikipedia.org/wiki/Last_Supper_(Defense_industry)