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Re:No call for simulators in new Boeing 737 Max training pro... by bgorman on Friday March 29, 2019 @06:16AM (#19520372)
The core issue with Boeing is that they have captured the government. Boeing the largest defense contractor, and one of the biggest lobbyists. Boeing recently successfully blocked Bombardier from competing with the 737 by getting the US government to effectively ban the C-series aircraft. (Bombariders "solution" was to give Airbus a controlling interest in a joint venture to build the C-series). I don't think this is really capitalism, it is corporatism - where the government and mega-corporations are indistinguishable and they only care about profits (and consequently about preventing competition)
Re:No call for simulators in new Boeing 737 Max training pro... by rbanffy on Friday March 29, 2019 @06:40AM (#19520457)
It is the unavoidable end state of poorly regulated capitalism. When a player achieves regulatory capture, there is no amount of market that can fix the issue.
Re:No call for simulators in new Boeing 737 Max training pro... by magduf on Friday March 29, 2019 @10:34AM (#19522014)
Exactly. They have capitalism in Europe too, where the Airbus is made, but they don't have these problems because they have much more effective regulation.