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Where were the police and regulations when Boeing's products killed hundreds of people? Last time I checked, nobody among top management went to prison for that
by gspetr 2y ago
Where were the police and regulations when Boeing's products killed hundreds of people? Last time I checked, nobody among top management went to prison for that.
That's what "too big to fail" corporations can get you: failed products, anti-competitive environment, regulatory capture, no responsibility.
Getting fined for a few (hundred) million dollars is not responsibility, it's chump change for multi-trillion dollar corporations.
- pif 2y agoI agree with you: let's just buy our next 747's from the nearest mom-and-pop aviation shop!
- gruez 2y agoYou can have "global business" that aren't "too big to fail". If anything, if you're pro-competition, blindly buying local has the same anti-competitive effects, because you're protecting the local firm from competition from elsewhere.