Capitalism is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit. Capitalism is to hold profit over people, life, and ultimately the planet. For profit companies have proven incapable of self regulation over and over. The mega rich now control the US government as political bribery has been legalized via Citizens United.

These giant mutational oligarchs know they break the law and don't care. They'll negotiate to pay a few million dollar fine, the investigators at the DOJ will high-5 themselves for a job well done.. when in reality Apple considers paying a few million as a "tax" to rake in billions. Goldman Sachs has operated under this model for decades.

Ebb and flow as in the capitalist economy cycles from growth periods to recession . Recessions happen on average every 4 to 7 years. .com bomb, 2008 crash, 2020 covid/recession... 3 times in 20 years, yep right on schedule.
Your employer doesn't take your house or evict you, the owner of the property does... that's the landlord or bank. How does an employer who fires staff replacing them with "AI" learn anything by not paying rent/mortgage? People agreed to pay rent or pay back the money you borrowed for the place to live. Choices have consequences. Nowhere does it say in any employee handbook you're guaranteed a job for life no matter what. Again, you're responsible for your own ass. Part of that whole "freedom" thing is freedom to fail.

Spirit was spun off from Boeing in 2005. Boeing wanted to create a company that could supply others in the industry.. you know, for profit. Boeing bought Rockwell in 1996 and merged with McDonald Douglas in 1997. After the merger, Boeing stopped being and "engineering" company and became focused on profit over engineering. Since Spirt was spun off post MD merger, all the corporate fundamental flaws of Boeing were already part of Spirit DNA.
As someone who lives quite close to Boeing's Everett plant, they are frequent in the news. One example of "for profit" shenanigans is to hire project managers as "contractors" not employees. The project manager position contract is put out for bid. This guarantees you will never hire the most experienced or qualified project management engineer when designing a new plane. Nor is there any continuity in tribal knowledge. Which is exactly what happened when the 737 was retro-fitted with larger engines that changed the center of gravity necessitating the creation of MCAS system https://en.wikipedia.org/wiki/..... which lead to the sudden nose dives and crashes.

After the .com bomb, lots of kids in the early 2000's saw their parents lose their jobs and subsequently chose non-tech related fields. This lead to a dearth of techies in the early 2010's which pushed up salaries. Skyrocketing salaries attracted lots of people into techie fields, as well as policy jockeys calling for "teach everyone to code", and other nonsense doctrines. Well, the pendulum is swinging the other way kiddos, that's how capitalism works.
There's a couple of lessons here. First, ebb and flow is how capitalism works. What was hot last year, may be cold this year... anyone wanna buy a bored ape nft? bwa haahahaha . That's the danger of jumping on the latest hot fad, including jobs.
If you want something that can't be disposed of, need for trades is huge. HVAC, plumbing, electrical work, not glamorous, but they pay decent, you'll never be replaced by a chatbot, and you won't have a mortgage sized student loan.
Remember, there's always room for good people. That means go above and beyond. Do you're best. Take pride in your work. Whining about wanting to work from home or culture at the office is a fast ticket to unemployment in a tight market. Managers don't want to deal with problems and there's plenty of people wanting jobs who aren't
Lastly, remember, if your name isn't on the building, you are a disposable commodity. Nobody protects your ass but you.

Reddit, in it's pre-IPO attempt days, used have entire subs dedicated to things like this., at work, in public... for both men and women. They were quite popular in the day....

oh, wait...

Exactly, Boeing was a contractor on the Saturn V. When the Saturn V was built, Boeing was still an engineering company. Boeing became a "profit" company when it merged with McDonnell Douglas in 1997. https://en.wikipedia.org/wiki/...

maybe.. time will tell. It could also be naïve idealism.
That will change when they grow up and have to join the grind to survive.

With so many stupid social / DEI initiatives competing for student time, while we fail at the basics of reading / writing and arithmetic, this is moronic. The US education system ranks #13 in the developed world https://www.datapandas.org/ran... and forcing CS won't improve the rank.. Lack of fundamentals is a core flaw that permeates through all disciplines and handicaps US workers for life VS their foreign counterparts, who are competitors in a global economy. Most of us here know that programing is as much a way of thinking as it is a task. Those of us who've had the "joy" of debugging code from others, are well aware there are many who should be kept away from any IDE. Likewise if I've seen beautiful code from some who've never received any formal education in "CS".
Lastly there's the fact that most "coding" jobs will likely be replaced in 10-15 years by AI. Sure, AI really doesn't exist today, but C-suites are throwing enough money at it, with the capitalism goal of slashing jobs, one day it will. It would suck for students today to have an entire industry just evaporate when they're 40.
AI will never replace the hands-on job of fixing an HVAC unit, wiring in a new electrical panel, or fixing a leak. These gigs may not be status symbols, but they pay well, and nobody can take it from you. I know a guy who started as an electrical contractor 15 years ago. Built up a great business with a bunch of trucks and employees... he sold it last year for $300 million, he's under the age of 40. Him and his kids are done working, forever. Not too bad and no "CS" involved.

So when it hallucinates resulting in massive causalities, I'm sure we'll hear about it....

it's too late... If you've run out of 30 year old's today to perform work, the time to fix that was 31 years ago. Reaping the rewards of the 1 child policy.

That is completely inaccurate. Clearly you 've studied nothing and are just regurgitating what you've heard other say. Finance professors, or anyone else who critiqued cephalism have found themselves blackballed. Professor Richard Wolff , Noam Chomsky and Chris Hedges to name a few. There is no such thing as a "Marxist" financial model. Marx was a critic of capitalism, that's all. And his critiques are insightful and accurate. His prediction about prediction of a proletariat uprising was wrong (so far), but that doesn't change the fact that his observations are spot on. if you think "market based capitalism" is the defining nirvana of any finance model, the 30% of Americans who live hand-to-mouth would disagree. https://www.brookings.edu/arti...
Capitalism is only the 3rd financial system humans have widely implemented. Slavery gave way to feudalism. Feudalism gave way to capitalism -to assume this is "it" is short sighted at best. Capitalism commodifies everything from the natural world to human beings and consumes till exhaustion or collapse.

This is what happens when an engineering company becomes a company with the single goal of profit.

The term is bought off, not "influenced". Citizens united legalized bribery.