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A comment on Europe says 737 Max won't fly until it completes it own design review. Parent comment

Re:Europe says 737 Max won't fly until it completes it own d... by jacquesm on Wednesday May 22, 2019 @01:22PM (#19983302)
Many people don't want to address it because it isn't true. There are plenty of corporations that would not put lives on the line balanced against their bottom line. Yes, there are quite a few that do, it just does not extend to all of them, and I'd wager the larger the company the further insulated the management is and so the more likely for stuff like that to occur.

But to categorically say this about any corporation is nonsense.

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Re:Europe says 737 Max won't fly until it completes it own d... by munk-a on Wednesday May 22, 2019 @02:28PM (#19984022)
These corporations are young and still have an autocratic leader that is forcing them to work against their natural value... as they age they will age like all the other corporations and come to value short term gain above everything else. This construct human beings have made has proven again and again that in the long term there is no outcome but degeneration to short term profit seeking that is what we currently deem "maximally efficient".
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Re:Europe says 737 Max won't fly until it completes it own d... by wahern on Wednesday May 22, 2019 @02:49PM (#19984231)
The emphasis on short-term shareholder value is a relatively recent trend in business culture and specifically American business culture. It's not intrinsic to the concept of the firm. However, it has become deeply entrenched not only in our business culture but also our political culture, so it would be quite difficult to extirpate.
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