I wonder if there are books or articles that analyze how and why Boeing declined so fast and so spectacularly. Boeing used to be able to build 747 under budget and ahead of schedule, just like Lockheed could dazzle the world by creating U2 ahead of schedule and under budget with fewer than 200 people (or < 100?) in 15 months with the cost of a few millions. It can't be just the change of geopolitics post Cold War, right? It can't be just that the fixed-margin structure imposed by the government, right? It can't be just the mismanagement or the greed of the leadership, right? It can't just be that Boeing is in the phase of accelerated decline as any old-enough company, right?
I'm curious about such questions because on a larger scheme of the things, I really hope that Boeing is not a miniature reflection of the US - an empire in its twilight that got entangled in irreconcilable interests, doomed to watch its own inevitable decline.
I'm curious about such questions because on a larger scheme of the things, I really hope that Boeing is not a miniature reflection of the US - an empire in its twilight that got entangled in irreconcilable interests, doomed to watch its own inevitable decline.