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Old 3rd Apr 2024, 10:38
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@ pax britanica: the concept of " neo liberalism" s still very much the mantra of many CEOs, and what I believe still taught in major Universities, from MBAs to advanced economical studies. Return on investment within the shortest possible time has caused many casualties.

The current European solar panels fiasco is another example of short term vision and costs being the only factor . . A Couple of years ago most European Governments helped new companies to create and produce high quality solar panels, arguing they would need millions to meet the EU emissions targets. Some did believe them , invested in and built such factories. . Since last year China is bombarding us with cheap heavily subsidized relatively good quality solar panels, for half the price of those produced in the European factories. Old school would have reacted by raising import duties to make Chinese products the same price as those locally produced to maintain jobs and expertise plus production autonomy . No instead , the pure "economic" argument" won , : cheap panels are what people need so let's close the brand new local factories and let's buy Chinese. .
No long term vison, just immediate profits .
Boeing management is not an exception in following that logic, this is unfortunately the world today.

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