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Michael Kaplan

Michael Kaplan

Posted: April 10, 2010 12:05 PM

Titanic: Too Big to Fail

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Just at the most terrifying moment, when the giant ants are advancing over the horizon, snapping barbed jaws the size of windmill blades -- some honking voice from the row behind announces, "Y'know, that's physically impossible; no way could ant legs support something that size..."

You want to throw popcorn at him, but he's right: our familiar world does not scale up straightforwardly. Quantity has qualities all its own, some are easily predictable, but some are not, which means we only discover them through error.

In 1912, an observer on the docks in the English port of Southampton would also be thinking of ants. Ant-like was how anyone would feel, peering up the towering black sides of RMS Titanic: the largest moving thing yet made by man. More than twice the displacement of the biggest battleship, as long as four city blocks, capable of carrying more than 3,000 people in unparalleled luxury (even third class was, of its sort, remarkably comfortable). Titanic was stupendous, admirable -- and, many felt, a well-deserved culmination to the most self-confident decade in human history. Peace reigned in 1912; empires stood firmly at their maximum, America bestrode its continent and had successfully assimilated the largest immigration ever attempted. China, after three thousand years of emperors, had become a republic; even Russia was reforming. Electricity, the automobile, wireless, and the moving pictures promised an age in which industry would move from humanity's taskmaster to its servant. Words like leviathan, colossal -- and titanic -- lost their fearful ancient aura; mankind was scaling up.

The Titanic, financed by J.P.Morgan, cost about $200 million at today's prices -- but its size made it a potential money spinner. The press might emphasize its luxury: the parisian café, the ballroom, the gymnasium where passengers could row or bicycle their way across the Atlantic, but there were only a few tycoons able to spend the equivalent of $40,000 for a first-class suite. The real money was down below, in steerage: the thousands of families making that once in a lifetime leap to new opportunities. Pile 'em high, sail 'em cheap: the bigger the boat, the lower the cost per head of providing this essential service. There was a coal strike going on when theTitanic left Southampton; smaller ships had to stay in port, their third-class passengers transferring to this new, efficient giant of the seas. The vast bulk pulled out into the channel, nearly causing a collision as its powerful suction snapped the moorings of a neighboring liner, and then stood out to sea, the waving people on its boat deck growing smaller and smaller.

We all know what happened to them five days later -- and here, the unexpected effects of scaling up are important. The ship's designers made the Titanic immune to collision with any existing vessel, but had forgotten that nature puts far more massive objects in the ocean. They devised powerful new machines for installing the three-and-a-half million rivets that held the structure together, but did not know how freezing temperatures could make those rivets brittle. They installed Signor Marconi's new invention, radio, but had no protocols for its use, so that warnings of icebergs from other ships were swamped by the personal messages of first-class passengers. (Many, no doubt, on the lines of, "I'm on the Titanic!"). They fitted more than the legally-required number of lifeboats, but had not considered that the legal requirement accommodated less than half the ship's company. Their capacity to plan had not expanded to match their capacity to build. As designers and financiers, they had opened a new era; but as managers, navigators and sailors, they were still accepting the unknown risks of the age of sail.

The world rapidly grows smaller when death is standing next to you, but how rapidly is a critical question. The first lifeboats went off half-full, because passengers preferred the comforting, illuminated bulk of the sinking ship to a frail cockleshell on the pitiless ocean. The lifeboats did not return to pick up more passengers because they feared that bulk -- sucking them down as it dove for a sea-floor two miles below. For some, the narrowing of life's scope gave them the chance to show extraordinary courage and self-sacrifice: Wallace Hartley and his musicians, switching from soothing waltzes to hymn tunes when the waves reached their ankles; the unknown steward, leading his flock of steerage passengers to safety through the tilting entrails of the ship. For others, narrow-mindedness took a different form: seeking a scapegoat. The chairman of the White Star Line, J. Bruce Ismay, still receives entirely unsubstantiated blame for what was the failure of a system, not a man. His tragedy was to survive and live for another twenty-five execrated years.

The 1,517 people who drowned in the Titanic disaster did not die in vain. In inquiries on both sides of the Atlantic and new international agreements for maritime safety, we began to make the rules necessary for a bigger and better-connected world. We now admit that scaling up size increases complexity; the larger systems become, the greater the likelihood of unseen contingencies. Every project risks its iceberg. Nothing is too big to fail; instead, the bigger it is, the more insidious and thus devastating its modes of failure must be. Engineers, at least, know this: it seems someone forgot to tell the bankers.

 
 
 
 
 
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09:33 AM on 04/12/2010
This is a superb piece of writing, Michael. You made the scenes come alive.

In our case, our dire predicament is today compounded by three forms of human folly:

(1) We are in denial. We continue to allow a group of less than seven hundred people, who have made themselves tycoons at our expense through high crimes that they are committing against us, to stubbornly persist in that denial on our behalf. We forget, though, that those people's reasons "to persist in that denial" have nothing at all to do with "our behalf." They want those $40,000-a-night staterooms. To themselves.

(2) We fear the ice-cold waters around us. We are Afraid. And yet, we forget the truth about "Fear Itself." As we are offered scapegoats ... "the other party" or what-have-you ... we grasp them without thinking.

(3) We project ourselves from Steerage, where we actually are, to a vicarious sampling of First Class, where we imagine we ought to be (and ought to be without Effort). We try to eat a rich meal of Illusion and wonder why we are still hungry.

To quote Alan Parsons: "Oh, life," she cried. "There must be more."
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01:51 AM on 04/11/2010
Great article and excellent analogy.

We're still dodging massive ice in our Wall Street Iceberg Field...I have a feeling this is gonna be a long, tortuous journey...if we even make it out without sinking the USS America.
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09:55 PM on 04/10/2010
On 14 April 1898, the RMS Majestic, captained by Edward J. Smith, docked at Ellis Island in New York and put ashore my Great-Grandfather who was alone and all of 17 years old to make his new life in the New World.

(So I guess you can partially blame Capt. Smith for me!)

14 years later to the day, Capt. Smith ran his ship into the iceberg.
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unionave
Old Codger
08:38 PM on 04/10/2010
Banks get to be too big to fail when some members of Congress have their money in or involved with that bank . The little guys with their money in the local banks did not know about too-big-to-fail until the people the little guys hired to represent them said so . So the little guys were failed even if they had their money in local banks so the too-big-to-fail banks could clean out the U.S. Tresury . When the GOP leave's office they always leave a big deficit they can use to obstruct with when not in office . But this time they cleaned out the U.S. Treasury so it would be even more difficult to dig out of the enormous deficit . So from now until the GOP returns to office the media's most popular song will be the "deficit song" . Then there will be silence like it was from 2000 to 2009 .
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Grendl Jones
06:32 PM on 04/10/2010
I don't know if the blame of Bruce Ismay was unsubstantiated.

Records tell of his urging the captain to keep the boat chugging along at 23 knots through iceberg ridden waters on a moonless night, for publicity and a chance to win the coveted blue ribband, a theoretical prize for crossing the ocean in the fastest amount of time.

I think a great deal of the blame can be put on his shoulders, along with the fact that he had an inadequate number of lifeboats onboard due to aesthetic reasons, thinking the unsinkable ship itself was technically a lifeboat.

Blaming leaders is precisely what we should do when society hits an iceberg, not the system that put them there.
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09:48 PM on 04/10/2010
Bruce Ismay was the architect of the Titanic disaster.

Every bad decision made was either made or forced at the behest of "Brute" Ismay-carrying 16 lifeboats instead of 64, steaming through the Greenland Iceberg Field at night at full speed in a ship that couldn't turn at speeds greater than half, only one pair of binoculars for the crew and a single box of the wrong-colored signal flares.

We could go on all day and night proving that Bruce Ismay deserves to burn in hell for what he did.

Unsinkable? The top guy at the shipbuilding company that constructed the Titanic wrote a friend before the accident, "We are sending people out to sea in eggshells".
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PJSJ22
12:39 AM on 04/11/2010
The Titanic was designed for luxury and comfort, not for breaking travel records. She wasn't built with a large amount of horsepower for a reason. The Lusitania and Mauretania, however, were. Additionally, The White Star Line never had any intention of competing with Cunard for the Blue Riband, and the whole "Bruce Ismay coerced Captain Smith to increase speed to make news headlines" scenario is unsubstantiated, at best.
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Grendl Jones
01:06 AM on 04/11/2010
Titanic was doing 23 knots when she hit the iceberg, the same rate at which she ultimately sank. Being the largest vessel on earth at that rate wouldve won the blue riband. You're wrong, sorry. And if she was designed for style and comfort alone they've wouldnt have been traveling at that rate of speed.

Ismay was guilty as sin. And Cunard was a rival line of White Stars. Rival lines compete for the blue riband.
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04:59 PM on 04/10/2010
Perfect analogy and good read as well.
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GlenParked
02:27 PM on 04/10/2010
I hope Paul Krugman reads this.
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Grendl Jones
02:06 PM on 04/10/2010
Very appropriate timing for your article, as it was 98 years ago today the Titanic set off on its ill fated journey.
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04:59 PM on 04/10/2010
I had forgotten that.
Freesia2
I'm nicer than I appear in print. :-)
01:12 PM on 04/10/2010
That was very interesting. And an excellent analogy.