• JohnDClay@sh.itjust.works
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    1 month ago

    Airlines might be a bad example. Before 1978 there was a lot more control, such as mandating price minimums. Without those you get affordable air travel.

    But for airplane companies themselves, I absolutely agree. The FAA had to save money because of their tiny budget, so they had airplane manufacturers inspect their own things instead, with bad results.

    • greywolf0x1@lemmy.ml
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      1 month ago

      That the FAA had to save money by not doing one of their most important job meant American lives got cheaper, didn’t it?

        • queermunist she/her@lemmy.ml
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          1 month ago

          Why the fuck not? It’s vitally important to the economy, there’s no reason for it to be privatized in the first place.

            • queermunist she/her@lemmy.ml
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              1 month ago

              Both? They need so much regulation and control that it makes sense to just cut out the middle men.

              The manufacturers are so heavily subsidized by the government they might as well be publicly owned anyway.

              • JohnDClay@sh.itjust.works
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                1 month ago

                Too much government control of the airlines was definitely detrimental after WWII. They couldn’t compete on prices, couldn’t adapt to changing routes, and couldn’t really cost optimize anything. Deregulating the non-safety aspects improved air travel a lot.

                • queermunist she/her@lemmy.ml
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                  1 month ago

                  There wasn’t government control of the airlines, just regulations. Protectionist regulations.

                  The airlines were still privately owned and the government gave them sweetheart deals and intentionally limited the entry of new competition into the industry, allowing the formation of monopolies of the legacy airlines. There was no incentive for increasing the number of carriers because that would hurt profits, and the regulations helped by making entry into the market even harder.

                  That problem goes away if you just seize the airlines and run them as public utilities.