Originally Posted by
FlyingNasaForm
You mention to whatever it takes to turn a profit as if it's a bad thing.
I would rather be paid market wages for a successful company, than be overpaid at a company that just closed its doors.
I hope we can keep this discussion civil, I know it's a touch topic. I've done a lot of reading on economics and the free market is like mother nature, you can hold it off for a while, but eventually she'll break through the levees.
Yes, doing whatever it takes to turn a profit is a horrible thing. This means that a little thing called "business ethics" is totally ignored. Would you say that undercutting your employees and stabbing them in the back is "ethical"? An airline can pay it's workers a fair wage, yet still remain profitable and viable (See Southwest). What makes airlines unprofitable is horrible mismanagement; making short-sighted moves, with no concern for the long-term viability of the airline. Airline CEOs walk through revolving doors. They come in, decrease losses however they can by undercutting employees, subcontracting their flying, etc., collect their bonuses, and then ditch the place before it self destructs. Their last concern is the long-term viability of the airline.