It sometimes is almost reminiscent of the eastern European oligarchs that emerged at the end of the coldwar.
It sometimes is almost reminiscent of the eastern European oligarchs that emerged at the end of the coldwar.
The documentary "Downfall: The Case Against Boeing"[1] goes into this topic, and I believe the wiki page[2] summary captures it nicely:
> "There were many decades when Boeing did extraordinary things by focusing on excellence and safety and ingenuity. Those three virtues were seen as the key to profit. It could work, and beautifully. And then they were taken over by a group that decided Wall Street was the end-all, be-all. [...]"
Of course, I have no idea if this is just cherry-picking information, but it does seem plausible why things "suddenly" changed.
[1] https://www.imdb.com/title/tt11893274/
[2] https://en.wikipedia.org/wiki/Downfall:_The_Case_Against_Boe...
You just said it. When we prioritize the money over the activity that makes the money... We deprioritize the activity - it's at least second place if not worse.
Boeing was heavily criticized by HN in every thread I saw about it. You picked a wrong example.
This is bit of a glib view of Boeing.
Boeng and Airbus will trade spaces for a while, until China starts stelling it's gear at 1/2 the price and then we will see some material changes.
Sure, you can make bad bussiness decisions but this doesn't mean you cannot build proper airplanes.
And at the same time, if we stay within Aerospace, why is SpaceX utterly dominating anything from Europe. Is US business culture to blame?