US airlines are pushing to remove protections for passengers and add more fees

Interesting. The deregulation of airlines is already a case study of how deregulation tends to reduce competition and hurt consumers.

I suppose we’ve just given up on the concept of trying to do anything but nakedly extract profit at any cost. You’d think shareholders would be pro-competition in the end, though—I certainly would prefer that.

Edit: I mean short-term profits. As a shareholder I would prefer long-term profits via competition and diversification.