Boeing is just a symptom of the rampant corporate greed and irresponsibility that modern MBAs teach as part of normal daily operations.
It affects everyone, makes everyone less safe and less secure. Enshittification on a world scale brought to you by Next Quarter Only bottom line capitalism.
But the powers that be are fine with it for now, mainly because of class war.
I taught business ethnics for MBAs when i was in graduate school.
The only ‘ethics’ they learned was ‘maximize shareholder value at any price’. They spent an entire semester learning to to argue why murdering people and abusing people was morally justified as long as the share price goes up. That was the curriculum. Nothing else mattered.
Boeing is just a symptom of the rampant corporate greed and irresponsibility that modern MBAs teach as part of normal daily operations.
It affects everyone, makes everyone less safe and less secure. Enshittification on a world scale brought to you by Next Quarter Only bottom line capitalism.
But the powers that be are fine with it for now, mainly because of class war.
I taught business ethnics for MBAs when i was in graduate school.
The only ‘ethics’ they learned was ‘maximize shareholder value at any price’. They spent an entire semester learning to to argue why murdering people and abusing people was morally justified as long as the share price goes up. That was the curriculum. Nothing else mattered.
If humanity survives this with our records intact, future historians will put a huge chunk of the blame on that mentality.
It really started with Dodge vs Ford, that codified the mentality as mainstream and we have paid the price for it every year since.