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Boeing put Wall Street first, safety second ahead of Alaska Air blowout

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Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#91
post #55

Earlier quoted context omitted.

Capitalism has its own ways to kill people as well, just with some extra layers to blame the victims.

And government run monopolies don't? E.g., https://en.m.wikipedia.org/wiki/Aeroflot_accidents_and_incid...

Did I say that?

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#92
post #5

Earlier quoted context omitted.

Well, obviously, they weren't planning on this outcome.

> they weren't planning on this outcome Unless they didn't plan at all (an answer I would not accept, or would advocate for prison terms if true), then they absolutely did plan for this outcome. Putting safety importance somewhere except the most important factor in manufacturing commercial passenger planes puts this exact outcome in the "planned" category.

Well, no, that's clearly not the case. It's always possible to improve the safety of a plane by spending more money. Airlines could do a 72-hour safety review of every plane after every flight. Planes could have 7 copies of every system/sensor instead of 3. We could stick 6 pilots up in the cockpit in case the first 5 have simultaneous mid-air heart attacks.

Deciding to shift the needle from "safety" toward "economic feasibility" is very often the correct thing to do, and vice versa.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#93

Earlier quoted context omitted.

What's your complaint? asteroid impacts are natural events too. I would like the government to try to avert those.

Natural monopoly is a technical term, it doesn't mean naturally occurring in the sense you're implying.

I'm sorry but you're exactly wrong. Natural monopoly means monopoly which is a direct consequence of nature, rather than through collusion and anticompetitive practice. Ie a "natural" monopoly. My analogy holds just fine.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#94

Earlier quoted context omitted.

>pro rata Yes. Yes you do. You set a minimum then fine below that minimum.

At that point you’ll need to go full Soviet. Seize resources and have the state deploy them. Because in no rational world would someone accept criminal liability on behalf of someone they do not control. So to stop a capital exodus, you’d need to seize the means of production (and incur the stasis that comes from centralising economic decision making among the political class). Would be pretty convenient for America…

…I’m ok with a classless, stateless, moneyless, communist society. This does not worry me.

Re: Boeing put Wall Street first, safety second ahead of Alaska Air blowout

#95
post #9
post #4

How is this putting wall st first when they have tanked their rep and stock price

On a short term view. The problem is that keeping investors happy, it is keeping investors with a short term outlook happy. If anything more than two years is too long term to care about, then the best strategy is to take risks and hope it does not catch up with you before then.

I ain’t mean this about you personally; this is the dumbest logic imaginable. Anytime someone cries crocodile tears about the rationality of the market please refer back here to B0eing’s self destruction
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