The Boeing Strike: A Story of Power, Punishment, and Pay

The Boeing strike, which began on Friday, is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. At the heart of the strike is a tale of power, punishment, and pay. Boeing's CEO, with a 45% pay bump to nearly $33 million, has lost touch with the 33,000 unionized employees who have been working for years without a significant pay increase. The workers are furious, and it's no wonder why. Years of pent-up resentment have been building, fueled by Boeing's mismanagement, pandemic-era inflation, and a resurgent labor movement. But this strike is not just about Boeing's financial woes or the CEO's hefty paycheck. It's about the power dynamic between management and workers, and the consequences of allowing that power imbalance to continue unchecked. Boeing has a particularly rocky history between management and unions. Past strikes have been characterized by animosity and mistrust, with one side seeking to destroy the other. But in recent years, the animosity has been coming more from management. The current strike presents an early test for Boeing's new CEO, Kelly Ortberg, who took over just five weeks ago. Ortberg, a mechanical engineer with nearly four decades of experience in the aerospace industry, has the unenviable job of undoing a decade's worth of executive missteps that prioritized efficiency over quality and wrecked the company's relationship with its unionized workforce. But is a strike really the best solution? It's a question that has puzzled many. The strike may be a necessary step in the fight for better wages and working conditions, but it's also a costly and potentially damaging one. What if Boeing were to go bankrupt? Would the workers be any better off? The strike is a reflection of a broader resurgence of power among unions in the United States. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike. The UAW made sacrifices, like giving up traditional pensions, to help their companies when they were hurtling toward bankruptcy and federal bailouts. But Boeing demanded the concessions when times were good, sales were strong, and revenue and profits were climbing. What's at stake here is not just the wages and working conditions of the Boeing workers, but the very fabric of the American economy. If workers are not paid fairly and treated with dignity, they will not be able to contribute to the economy in the way they should. And if the economy is not strong, the entire country suffers.

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