To allow capital to run free without any sort of oversight leads to public safety disasters: Triangle Shirtwaist fires, Norfolk Southern spills, and … submersibles with inadequate safety communications systems. Companies will always skirt safety decisions in pursuit of profits, and “deregulation of everything” is a mythical virtue that only serves the billionaire class.

“In a 2019 press release, OceanGate explained why it hadn't 'classed' the Titan vessel.

"Bringing an outside entity up to speed on every innovation before it is put into real-world testing is anathema to rapid innovation," the statement said.””