Boeing is remarkable because it's a nearly perfect exemplar of the outcomes of our current economy, whether on society, the planet, or even companies themselves.
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Boeing is remarkable because it's a nearly perfect exemplar of the outcomes of our current economy, whether on society, the planet, or even companies themselves.
Boeing used to be well known for how well it treated its employees. It used to have tons of "lifers" who worked there until they retired. It used to make a respectable profit, and enjoyed almost universal praise for its product quality.
Then, modern capitalist goons showed up.
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They pumped it full of steroids while "trimming the fat" - which actually means they fired all the people who knew what they were doing and/or cared if the product killed people.
Expanded production lines + dramatically reduced staff + erased oversight = massive short term profits.
Obviously, it wasn't going to last.
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So it's collapsing, because it murdered its culture of excellence. And once you destroy a culture, it won't come back: kind of like the coral reefs we're blithely slaughtering every year with our pollution.
What's most telling is that Boeing's executives are *totally, honestly nonplussed* by what's happening. It's a combination of "why are these passengers so worried about planes falling apart?" and "it seems impossible to not build planes that might fall apart."
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@johnzajac @FINOkoye See also HP, and DEC.