Following the door blowout in the Boeing 737 last week, I thought this was a very interesting article.
Boeing
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Originally posted by johncorrigan View PostFollowing the door blowout in the Boeing 737 last week, I thought this was a very interesting article.
https://robertreich.substack.com/p/w...m_medium=email
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Back in the 80s, when Rolls-Royce Aerospace - Producers of Concorde and vertical take-off engines, which ironically had been nationalised by the Heath Tory government as a nationally indispensable defense industry - was re-privatised, aero engine production was largely re-prioritised for civil aircraft. The benefits thereby accrued to Boeing, Rolls's main world competitor. I remember it as employees were bribed with free shares which many union reps went along with. Then having at the start of the 1990s been "out-competed" Rolls implemented massive "rationalisation", euphemism for mass redundancy, and has been shrinking ever since. General word out is that Boeing profited on us by doing things on the cheap, short-cutting on safety, hence the latest round of... "problems". Richard Finegold has it nailed.
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Originally posted by richardfinegold View Post
Interesting. American Health Care is also dominated by large corporations that only care for the bottom line financially. Capitalism making life better for all of us
Another case of a statutorily-empowered regulator allowing an organisation to mark their own homework, & thereby putting public safety at risk...
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