Originally Posted by
OldnGrounded
I don't want to diver the thread, either, but I need to point out that regulation in a capitalist economy is *not* socialism. If the aircraft manufacturers were operated under a socialist system, ownership, pricing, and probably the costs of labor and materials would be controlled by the workers/community/government. The same is true of operators, etc. We don't have that anywhere in the West.
Back to Boeing.
I did not say it was socialism, but what I did say was, “The more regulation and red tape, the more socialistic the industry.“
Back to Boeing