The capitalist economic model is failing because of the law of diminishing returns coming into contradiction with the demand for higher next quarter profits. Individual sectors of the economy with the most leverage can raise their rents, but only at the expense of other areas of the economy. So Boeing can sell shittier airplanes by purging its staff of skilled engineers, but this creates downturns in neighborhoods where those engineers live. And it also scares people away from flying commercial airlines.
This was immediately profitable for Boeing (10 years ago). But its been awful for Boeing right now. And even worse for a government that needs Boeing’s airplanes to maintain both commercial and military aviation roles. Folks with money in Boeing stock also aren’t thrilled with this turn.
and squeezing as much money out the people of a community is useful to those who have the money to then buy up that community. Gentrification. This all inevitably leads to economic collapse being profitable to rich people, and those who enable them. I.E. corporations and the government.
Because government officials surrendered their role in manufacturing and regulating aircrafts to Boeing itself, on the theory that Boeing management would not behave shortsightedly. Oops!
Now the engineers who are blowing the whistle are showing up in court rooms (when they aren’t killing themselves in the middle of a deposition) and government agencies are scrambling to figure out how to do jobs they haven’t had to do in decades. But its a big ship and slow to turn.
probably also related to lobbying money, i’m almost certain that boeing lobbied for this, so that they could make more money, possibly even gave money directly to politicians. Boeing is probably in the middle of lobbying right now even.
That’s not because we’re all stupid. Its because the problem is big and the solution is hard. But the process to solving the problem requires teamwork. That’s where Americans tend to suck hardest.
it’s probably because we allow corporations to lobby the government and decide shit for us instead of doing it ourselves. But that’s another problem.
Because we all assume the other guy is stupid, I describe the tusk and you describe the tail, and we both accuse one another of not knowing what we’re touching.
you’re assuming that i’m calling anyone specifically stupid, i’m not. My point is literally that WE, us, me and you, are sitting here, yelling about the technicalities about the actual problems, which we both agree exist. Rather than simply doing something about it. I assume that’s also your point however. In which case, stalemate?