Nearly everyone complains about capitalism’s defects, or market failures. In fact, those are social failures, not specifically market failures, which show up when many rational individual actions create a social situation that displeases everyone. This means that government dirigisme — state direction or displacement of the market — cannot be a remedy because who do you think staffs the government and how do they get there? A big difference between the two systems — market and state — is that while the market diminishes social defects, the government magnifies them.
Boeing, Boeing: The Saga Continues
Boeing is now a verb synonym for worthless. The K46 also leaks fuel. It's a refueler bird. It leaks fuel. If you Boeing something, things are really fucked up. https://www.twz.com/air/kc-46-tankers-boom-just-broke-off-during-f-22-refueling-mission Did I...