JFReservist
Well-known member
- Joined
- Nov 29, 2005
- Posts
- 203
My point is that capitalism in America could care less what's right or wrong, it's just the bottom line that counts. I'm not defending it, it just is what it is. I'm not bashing it either, it has many benefits too. It beats the alternative but it certainly isn't perfect.
That's not entirely true... people actually do care about quality. Look at the the tech sector... you can buy a crappy netbook or go buy an 11 inch MacBook Air. The price difference is well over 300% - same with cell phones. Capitalism and (more importantly) the Free Market have allowed us to innovate and produce amazing things - all driven by the ability to profit from innovation, which is (despite what most people believe) reinvested back into said companies to further compete in the free market. Another case in point is the p/u truck market (the age old Ford v. Chevy v. Dodge debate). Ford continues to outsell both in this market, while continuing to offer products that are 10-15% higher in price for comparable models.
As for the airlines, I've become convinced that people would pay (a bit) more for better service (the whole concept - from buying the ticket to picking up your bags at the end of a trip) as opposed to just buying the cheapest ticket on travelocity. They are hampered by at least two things - the availability of services in their market, and the perception that it doesn't matter who I fly, its all the same crappy service model.
Wave is correct, it is hard for a free market to truly and equitably compete against gov't subsidized products. Boeing's price points are higher on most offerings due to this and (yes, I'm going to say it) pi$s poor management and constrained labor factors.
The great news is that hopefully, our friends at AA are getting back into the game with a renewed focus and vigor, which is great for all of us in the long run and for the consumer who pays the bills!
Fly safe gents (and ladies!)