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ban nock's avatar

Great essay and a fantastic photo of Sherman Ave in Coeur d'Alene.

Jim Crawford's avatar

When Boeing was run by engineers it built great aircraft and took large financial risks.

When Boeing was run by a string of alumni from GE trained by chainsaw Al to maximize profits in the short term, the quality of its aircraft deteriorated, its reputation was tarnished, and people got killed.

In a capitalist economy dominated by finance sovereign wealth funds dedicated to the advancement of the common good are a necessity because Wall Street will never fund it.

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