this post was submitted on 29 Mar 2024
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Boeing is essentially just a private company used to funnel public money to capitalists. Obviously they aren't unique in that endeavor, but they're one of the biggest black holes of money that could be used to get much better results.
In any case, Boeing should be dissolved and a highly regulated nationalized agency takes its place. All of their private patents and contracts and shit become immediate public property of the US gov.
And of course I know none of that will happen (for now), but the idea of "death penalties" for corporations should spread. Every time one of these corps get caught cutting corners to maximize profits, especially in sectors like aerospace where the tolerance for fuck ups is supposed to be basically zero, just death penalty the corporation, seize all assets, jail all the officers of the company and top investors. I believe this is basically what China does... and it's working pretty great from what I can see.
Careful what you wish for, because the corporate death penalty can be used to help real people avoid responsibility for a company's crimes. Breaking up Boeing and auctioning it's divisions to companies that have the exact same profit motives wouldn't fix anything.
You also mentioned nationalizing boeing, which I think makes a lot more sense. Keep it together, clean house, get back to engineering, add ombudsmen or some other new accountability measures for the public, integrate with NASA(?), etc.
It's so depressing that even these moderate bureaucratic changes are pure fantasy