FAA grounds 171 Boeing planes after mid-air blowout

Re:FAA grounds 171 Boeing planes after mid-air blowout by malfist on Saturday January 06, 2024 @03:54PM (#38895347)

Monopolies are the end goal of capitalism

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Re:FAA grounds 171 Boeing planes after mid-air blowout by halJordan on Saturday January 06, 2024 @04:20PM (#38895597)

Monopolies are broken by capitalism just as much as they're created by capitalism. The whole "end-stage capitalism" schtick is wrong because a free market will lead to the ossification and then breakdown of a monopolist. You just have to finish spring semester of Econ101 to find out how.

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Re:FAA grounds 171 Boeing planes after mid-air blowout by jdksmdbtbdnmsm on Saturday January 06, 2024 @07:00PM (#38896904)

>Monopolies are broken by capitalism just as much as they're created by capitalism.

Source?

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Re:FAA grounds 171 Boeing planes after mid-air blowout by orwin on Saturday January 06, 2024 @07:20PM (#38897015)

Capitalism != free market. You think of liberalism here.

Capitalism is about private ownership of the means of production, no? Maybe the definition changed in the US?

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Re:FAA grounds 171 Boeing planes after mid-air blowout by pi-e-sigma on Saturday January 06, 2024 @08:48PM (#38897551)

In it's origins it was about the capital ruling, as opposed to the aristocracy. So political power would be in the hands of people with capital, not the landed aristocracy. The means of production only entered the equation with the industrial revolution. And capitalism is older than that, albeit not much older

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