It was capitalism that sank the Titan Sub

Leigh McGowan, aka Politics Girl, reflects on what happened to the ill-fated Titan submarine. She points out that it was greed, arrogance and ignorance of regulations that drove the owner and captain to shoot down the sub, despite all sorts of warnings and red flags. In other words, it was capitalism. Owner Stockton Rush took dangerous shortcuts, worked around regulations and common sense, and thought he knew better than anyone. In reality, all he saw were the big payouts he expected. Rush paid the ultimate price for his greed. Unfortunately, it also took the lives of four other people.

Leigh is right. There are certainly lessons to be learned here.

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