Updated On: 22 February, 2022 07:32 AM IST | Mumbai | C Y Gopinath
An economic system that rewards money-making over excellence creates a culture where safety doesn’t count. That’s why two brand new planes crashed in 2018

Two Boeing 737 Max grounded at Amsterdam Airport Schiphol. File pic
Let me ask you a question, not a difficult one. Would you put your money into a company that was performing stunningly well in the stock exchange but had recently been exposed as unethical, corrupt and deceptive, compromising quality and safety by taking shortcuts and making a dangerous product?
Yes, you would, I know. You don’t care if the company has the morality of Satan himself as long as your investment makes you richer. We’re all big boys, you’d tell me, we understand that corporations are driven by profit and nothing is golden even if it shines. One shouldn’t judge a company from one scandal, you say; everyone has secrets, everyone makes mistakes.
As an example, you’d tell me that earlier this month US regulators detected cancer-causing chrysotile fibres, a type of asbestos, in a sample. Did I really believe people would stop using that wonderful J&J baby powder because of that?