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Airbus recall: Some Jetstar flights 'unable to depart' as thousands of A320s grounded (www.sbs.com.au)

submitted 5 months ago by Deceptichum@quokk.au to c/world@quokk.au

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The recall has already disrupted multiple airlines in Australia and around the world.

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[–] TheRealKuni@piefed.social 3 points 5 months ago* (last edited 5 months ago) (1 children)

This is literally the opposite of capitalism.

It’s not though. Airbus understands that their best move for continued market dominance is to be safer than Boeing. Grounding their planes for a software update to prevent a demonstrable problem is in line with their capitalist goals.

It’s not like Airbus is a worker-owned business. They’re definitely still capitalist and working for the good of their stakeholders. They just remember that making a good product and standing by it, serving their customers well, is important. Like Boeing before the McDonnell-Douglas merger.

[+] Devial@discuss.online 4 points 5 months ago* (last edited 2 months ago) (1 children)

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[–] TheRealKuni@piefed.social 3 points 5 months ago (1 children)

If what you're saying were true, then there should be no need for any safer rules and regulations in industry, as profit incentive should drive companies to just make their products safe by themselves. Which is, pretty objectively and historically demonstrable to be completely untrue.

That’s absolutely not what I’m saying. Air travel needs regulation, it is as safe as it is because of regulation. But regulated capitalism is still capitalism.

Airbus did this because it is good for them, whether that’s to avoid future lawsuits, or to have a better safety record, or both, or other reasons entirely.

Something isn’t “literally the opposite of capitalism,” as you put it, just because it isn’t evil.

[+] Devial@discuss.online 1 points 5 months ago* (last edited 2 months ago) (1 children)

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[–] TheRealKuni@piefed.social 2 points 5 months ago (1 children)

Airbus fixing this has fuck all to do with capitalism. They are legally mandated too.

So hang on, what are you saying is “literally the opposite of capitalism” then? Regulation? Does that mean regulatory bodies are Marxist? Are the Republicans correct?

(Hint: Republicans are essentially never correct.)

I think I understand what you’re trying to say, but all I’m saying is that this isn’t “literally the opposite of capitalism.” Regulation specifically within a capitalist system functions by going after money and market access. If Airbus doesn’t follow regulations, they don’t get to sell their products in those markets. They pay fines and lawsuits. Those motivators are part of capitalism.

I was mistaken to claim this was Airbus acting for their best interests with regard to their safety reputation. I hadn’t seen that they were ordered by the EU Aviation Safety Agency to make this change. But that is still not “literally the opposite of capitalism.”