Originally posted by: Tom
The structure of private industry creates no incentive for individual companies to spend money on security, if it did 9/11 wouldn't have happened.
As humans, we have to be smart enough to organize ourselves rationally for whatever purpose. Sometimes the best way is private capitalism, sometimes issues are better met through government.
People who automatically think private industry is good and government is bad, are not thinking rationally, they're practicing a weird kind of religion.
I think Tom's on the right path here.
To those who think it should a "free masrket" thing and left to the airlines to sort out, I have some quick thoughts:
Would it be the airline's loss if they were struck by a terrorist attack? I'm thinking that the insurance companies would bear the loss of money (lawsuits, the plane etc.). If so, how long before the insurance companies became the arbitors of security? Surely they couldn't afford (nor want) to insure carriers with inadequate security. It would too costly for the insurers. But that doesn't strike me as a proper role for insurers.
Are you proposing the courts be the judge (after an attack there would be lawsuits)? How fair a process could that possibly be? How long would that take? It would be years before the first suit was settled after appeals court and so on. Plus, would whole thing be anything other than a giant wet dream for trial lawyers? The consequences to this is a nightmare IMHO.
What if the terrorist decided to manipulate this "free market" system? They could announce that they were focusing their attacks on TWA or whatever specific carier. The insurance companies would likley drop their coverage. Without insurance, they likley wouldn't wanna operate. They'd be out of business. Maybe they'd have to pay a "ranson" to the terrorist or bribe them to name another company?
In this free market system, do we really want to let consumer "choose" their level of security? Why do we have seat belt laws etc? Does it really make sense to let cariers cut down on security to offer cheaper fares? That's the free market system. Why don't we let cariers decide their own level of airplane maintence? Those who cut back could offer cheaper fares, right?
How are consumers who are worried about good security going to be able to reasonably judge that? Some here have written that they can see for themselves in the check-in process. Well, that's kind of fvcking late isn't it? What are they to do, get through the line, decide the system sucks and then try to go back out and demand a refund. Plus, try to back out of line after your bags are checked in and see what kind of sh!t that causes. Not feasable by any stretch.
Wouldn't this free market approach expose us to the argument that we're dooming the poorer people to terrorist attacks. Hey, the "rich" can afford good security, the poor can't. Is that moral?
I could go on, but nah it's a legitimate federal government function.
Fern