Boeing's travails show what's wrong with modern capitalism

Sat, 14 Sep 2019 05:41:59 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.theguardian.com/commentisfree/2019/sep/11/boeing-capitalism-deregulation>

"Something is wrong with today’s version of capitalism. It’s not just
that it’s unfair. It’s that it’s no longer capable of delivering
products that work. The root cause is the generation of high and
persistent profits, to the exclusion of production. We have let
financiers take over our corporations. They monopolize industries and
then loot the corporations they run."

Via Paul Ferguson.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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