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by falserum
845 days ago
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No, we can not solve corruption, because people are greedyand organization needs hierarchy. Regarding climate change I have hope, but again, same greed, kind of would dictate that at best we will slow it down. Whatever you will decide to do with boeing, you will have to make employees, shareholders and numerous clients (incl. Us military) content. Btw. I own a share of a fund which has shares of boeing. Should I go to jail? |
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What if many of the smart, motivated Boeing engineers would be more productive in a dynamic marketplace of smaller firms? What if there's a warp drive concept lurking in the mind of an underutilized systems analyst deep in the basements of their valley? Investing all these resources, especially public fiscal ones, into a company that has proven again and again to prioritize suicidally negligent, short term, excessively selfish thinking... well, it seems criminally unjust.
TL;DR_1: I don't need him, he needs me!
I would separate laborers who have shares as some form of retirement from capitalists who deploy unimaginable sums of money. I know the 1% discourse is tired but the general sentiment is extremely valid: a relatively small group of powerful people pressured the Boeing board to make these decisions. In the paraphrased words of AOC: "..and it's, like, twelve people."Yes, I think the people who lobbied for cost cutting and dividend/buyback programs within the company deserve to be criminally investigated. I am so far from a lawyer and doubt our exact current laws and policies (esp. SEC) would be enough, so the most specific I can get is "charges related to negligence and greed" TBH.
But no, I was being unclear when I said "owners" -- not all owners of any amount of the stock are complicit, other than in a broad ethical-consumerism sense. You're on Hacker News, so I have no doubt at all that you're living your life in good faith.
TL;DR_2: capitalists != investors