The 737 debacle will go down as an inflection point in American manufacturing economic history, where short term profit goals destroyed an engineering culture that grew out of the great economic expansion of the post WWII era.

It’s a gaffe that will cost Boeing the single-aisle market, offer new competitors from Asia a foothold and cost thousands of American jobs.


https://www.nytimes.com/2020/12/29/business/boeing-737-max-return.html?referringSource=articleShare

The one cohort perhaps least unaffected by the decline of a great American manufacturer are the executives who ushered in its demise.

How can the economic system be rebalanced so the private corporate good is better aligned with the public sphere?

Profit is good, jobs are good, safe air travel is good. Surely all three are still within our grasp.