this post was submitted on 06 Jan 2024
314 points (99.4% liked)

News

23406 readers
4455 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] azertyfun@sh.itjust.works 3 points 10 months ago

Boeing and Airbus aren't really "regulatory capture" situations. They're basically state monopolies, and the EU and US have been suing each other for decades for unlawful competition lmao

Also they both have a HUGE defense sector that is completely tied to state policy.

Honestly the most capitalistic part about them is that everybody pretends that they're private companies operating in a free market (because that's a politically convenient lie in a neoliberal global economy), but that couldn't be further from the truth. Their Defense contracts are State-Funded, and their aviation R&D is State-Funded. De facto, I'd argue they are public companies.

Unfortunately part of Boeing's problem is that they are being slowly outcompeted by Airbus, but the U.S. government cannot let them fail. Not (only) because of corruption, but simply because Boeing's industrial capacity is crucial to the defense sector and cannot be allowed to perish or be sold off to a foreign competitor. That political reality exists independently of who sits at Boeing's board of directors, so changing it without doing anything about the politics might not yield appreciable results (at least not in the short term).

My take that the company should be officially nationalized and/or broken up, but both of those are political non-starters for the U.S.