The sinking of the Titanic has parallels for today’s masters of the universe, with their misplaced faith in technology and “the market”, says the author of a new book about the disaster.
The Titanic sank in 1912, the Costa Concordia in 2012. But Richard Davenport-Hines, author of Titanic Lives: Migrants and Millionaires, Conmen and Crew, still has plenty of parallels to draw across the century. The Titanic set out on its maiden – and final – voyage at the end of a boom time, particularly for corporate wealth, and one in which the gap between rich and poor had widened enormously.
He quotes GK Chesterton, commenting at the time: “Our whole civilisation is indeed very like the Titanic; alike in its power and its impotence, its security and its insecurity. There ...
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