Tuesday, June 18, 2024

Mergers out of control

 Boeing has admitted that they have retaliated against whistleblowers, making a Babylon Bee article about the same no longer completely satire, but partially reality.  Ugly reality is that when a company achieves majority position in their field, they do have the power to tell workers "Well, if you don't like it, you can be a greeter at Wal-Mart", and that is a powerful disincentive to tell the truth about what's going on.  It is also worth noting that if you are in the business of large airliners, you have Boeing and Airbus, and that's about it.  "We can suck as bad as our one competitor, take it or leave it.", more or less.

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