PPRuNe Forums - View Single Post - Boeing Board to Call for Safety Changes After 737 Max Crashes
Old 16th Sep 2019, 16:20
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Ian W
 
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Originally Posted by safetypee
“The plight of Boeing shows the perils of modern capitalism. The corporation is a wounded giant. Much of its productive capacity has been mothballed following two crashes in six months of the 737 Max, the firmʼs flagship product: the result of safety problems Boeing hid from regulators.”

https://www.theguardian.com/commenti...m-deregulation

It actually shows the opposite.
In a command socialist society Boeing would be commanded to continue. In the capitalist society people stop flying in the Max so air carriers stop buying the Max and the company building the Max suffers a financial loss. The companies that sell better aircraft start winning more orders. This is capitalism controlling the market to ensure better quality aircraft. Similarly, the company making a loss removes those who made the incorrect decisions, learns from their failures and works to regain market share.
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