Boeing Boing

The Roots of Boeingโ€™s 737 Max Crisis: A Regulator Relaxes Its Oversight.

No. This was only the proximate cause. The deeper cause is the idea of โ€œshareholder valueโ€ dominating all other concerns, stemming in turn from the overarching dominance of neoliberal thought, of which shareholder value ideation is a subset. This better explains both the regulatory lassitude and regulatory capture of the FAA and Boeingโ€™s billions and billions in share buybacks in lieu of designing a plane that did not routinely crash into the ground.

But that sort of analysis is not one youโ€™ll find, ever, in the NYT.

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