3 ms·

That is a feature of capitalism and effective market. If a company falls a little bit below competition -- market forces it do dive even deeper, die quicker. I

That is a feature of capitalism and effective market. If a company falls a little bit below competition -- market forces it do dive even deeper, die quicker. I'm not saying it's good or bad. I've seen communism, and it's much worse to help failing companies -- they tend to fail even more instead of improving. The problem now is that international market is not really fair, trade treaties help too little.

noisy_boy 2y ago
> If a company falls a little bit below competition -- market forces it do dive even deeper, die quicker. Feature of nature too, the jungle forces the weak to die quicker. One more argument for companies != people: we will be a lot more ok for this to happen to companies vs it happening to people.
- salawat 2y ago
  Solution: for e supremacy of compliance with regulations over fiscal performance. You have to be able to check all of the boxes reliably before we can talk about innovating or optimizing.
- mensetmanusman 2y ago
  Companies = people + assets + organizing structure
weaksauce 2y ago
boeing isn’t a company the us government will let fail. it’s too important to have as a domestic ability.
- UberFly 2y ago
  This is true and I wonder if it's going to put them even more into a zombie state of existence. Their bad business practices will keep getting bailed out and they'll never really improve until a better company comes along.
LargeWu 2y ago
The problem is that the "competition" aspect assumes low barriers to entry. We're not talking about the corner diner or a bank or even a large insurance company. There's very little substitute for what Boeing does, and the barriers to entry for new competition are (quite literally?) astronomical. Boeing can't just be replaced; even to allow it to fail would be a major problem for the western economy.

3 ms·

That is a feature of capitalism and effective market. If a company falls a little bit below competition -- market forces it do dive even deeper, die quicker. I

by deepsun 2y ago

noisy_boy 2y ago
> If a company falls a little bit below competition -- market forces it do dive even deeper, die quicker. Feature of nature too, the jungle forces the weak to die quicker. One more argument for companies != people: we will be a lot more ok for this to happen to companies vs it happening to people.
- salawat 2y ago
  Solution: for e supremacy of compliance with regulations over fiscal performance. You have to be able to check all of the boxes reliably before we can talk about innovating or optimizing.
- mensetmanusman 2y ago
  Companies = people + assets + organizing structure
weaksauce 2y ago
boeing isn’t a company the us government will let fail. it’s too important to have as a domestic ability.
- UberFly 2y ago
  This is true and I wonder if it's going to put them even more into a zombie state of existence. Their bad business practices will keep getting bailed out and they'll never really improve until a better company comes along.
LargeWu 2y ago
The problem is that the "competition" aspect assumes low barriers to entry. We're not talking about the corner diner or a bank or even a large insurance company. There's very little substitute for what Boeing does, and the barriers to entry for new competition are (quite literally?) astronomical. Boeing can't just be replaced; even to allow it to fail would be a major problem for the western economy.