Most people know that one of the most famous (if not the most famous) civilian naval disasters in human history occurred in the year 1912. The hundredth anniversary is today. I believe that this disaster was an event that should have never occurred and no one can really excuse what happened. The designers of the ship built something that was inherently unsafe. They knew because the sister ship to the Titanic , the Olympic, was tested and the designers saw significant issues with its design that caused the structure to shake even in calm waters. Despite making some desperate changes to the unproven design, the ship was built with significant problems including the design of its outer plating and the design of these spaced intervals in the ship that was designed to protect its integrity. It wasn't designed to survive even a small accident. If it was then it could have floated longer and maybe more people could have survived. And according to information from a documentary I saw, the ship received a message of an imminent collision with an iceberg from a ship ahead of it but it couldn't send the telegraphs to the most relevant people because the system was full trying to send messages from its first and second class passengers. The analogy I can make would be an aircraft today unable to receive notice from the control towers of something that can cause an accident. And despite these problems, they let the Titanic (this praised floating deathtrap) depart for the US anyway.
These people should have known better. They should have done more to ensure the protection of the passengers. But it was all about corporate greed even then in 1912. Profits meant more to them and the lives of its passengers meant nothing. The epitome of this greed occurred when the company demanded that the families of the employees that died compensate them for lost uniforms. What would occur today if a car manufacturer declared that their newest vehicle was the best designed and the safest but was somehow unproven and it resulted in deaths because the car was badly manufactured. I would think that the car manufacturer would be held responsible for injury and deaths as the result of this false advertising.
What occurred to the families of the victims of the Titanic disaster of 1912 was its own tragedy in my own opinion. Apparently after doing the research on the internet, I found that "compensation" for the disaster was nearly insignificant and most only received 20% of any reward. The bulk went to the people responsible for the disaster itself for the cost of the sinking of the ship. You see? It is all about corporate greed. The designers and owners of the Titanic were not victims. They committed mass manslaughter and got away with it. I don't care about government "compensation" for the victims. The governments of the US and British Empire were not responsible for the corporate greed that resulted in around 1,500 deaths.
I don't think the victims and the families of the victims were ever truly compensated. How can a company set a certain amount that it can pay? Shouldn't it be made to pay the fair amounts? I think all the descendants of the victims of corporate greed should file for new wrongful death suits against the same company that exists today. All should sue for 100,000 dollars for each victim at 5.0% interest compounded yearly. That would result in over 13,000,000 dollars true compensation for each family. Any false "compensation" that some were coerced into accepting should be stricken as irrelevant.
These people should pay for this tragedy of their own design and I don't care if the disaster occurred 100 or 1000 years ago. The victims were wronged and something should be done to ensure that they are given real compensation.
Am I wrong about this? Is the demand for real compensation unreasonable?