The Deregulation Chronicles - Boeing

iceaura

Valued Senior Member
A blogger makes a point - the ideologically driven deregulation of the airline industry goes back to Reagan, had been throwing up symptoms of having been a bad idea in increasingly thick batches, and has come now to a state in which the FAA has been operating under ad hoc leadership for a year and a half:
https://mockpaperscissors.com/2019/03/19/fasten-your-seatbelts-boeing/
Boeing is in the soup because of market forces.
What used to be a joke - self-regulation by corporate capitalist industries, cartoonishly presumed to be rational citizens in a mutually beneficial world of free market contracting - has moved into the halls of real power.
 
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