No, it's because of greed and managerial and executive rot. They could innovate as much as they want, nearly as fast as they want, and still be safe - as they and other airliners have done in the past! - but then they wouldn't save the "max" amount of money doing it. How dreadful.
Boeing's failures are all Boeing's fault alone. They rightfully deserve the pillorying.
> If a car has an issue we don't blink and we loose nearly 40k people a year in the US alone
That is more of an argument for stricter requirements around automobiles and that entire industry than anything else.