• uis@lemm.ee
    link
    fedilink
    arrow-up
    55
    arrow-down
    2
    ·
    3 months ago

    Capitalists: Under capitalism inefficient companies fail, and this is good.

    Also capitalists: Save Boeing!!!11oneone

    • chonglibloodsport@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      2
      ·
      3 months ago

      Boeing isn’t the best example of a capitalist enterprise. It’s too big to fail. The US government is too dependent on it and the country depends on Boeing strategically.

      Boeing is basically a pseudo-state corporation.

      • uis@lemm.ee
        link
        fedilink
        arrow-up
        3
        ·
        edit-2
        3 months ago

        It’s too big to fail.

        Then FTC has some work to do. Or nationalize.

        • chonglibloodsport@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          3 months ago

          What would the FTC do? Boeing builds aircraft for the US military. Breaking up the company or allowing it to fail jeopardizes the US’s strategic interests.

          Nationalization is an option but the political climate in the US is extremely hostile to that option. Instead what I expect will happen is a massive bailout and a forced reorganization of management to fix all the issues. The government will dictate the changes the company needs to make but otherwise will remain hands off. This is how the US has done these things in the past.

          • uis@lemm.ee
            link
            fedilink
            arrow-up
            4
            ·
            3 months ago

            What would the FTC do?

            Break it up. So it won’t be “too big”.

            Breaking up the company or allowing it to fail jeopardizes the US’s strategic interests.

            Ah. So you see the problem with capitalism.

            The government will dictate the changes the company needs to make

            And what will happen if nothing changes? Another bailout?

            • chonglibloodsport@lemmy.world
              link
              fedilink
              arrow-up
              1
              ·
              3 months ago

              Ah. So you see the problem with capitalism.

              It’s a double-edged sword. Boeing developed these aircraft. They’ve given the US the military advantage they’ve enjoyed since the Second World War.

              • orrk@lemmy.world
                link
                fedilink
                arrow-up
                2
                ·
                3 months ago

                Boeing developed the aircraft with taxpayer money, they build the aircraft with taxpayer money, and then they get a ton of money as profits from our taxpayer money, and lastly we bail them out with our taxpayer money.

                  • orrk@lemmy.world
                    link
                    fedilink
                    arrow-up
                    1
                    ·
                    3 months ago

                    engineers are just employees who work in these companies, it’s still the company as a whole that develops the stuff, and pulls this shady shit