Question for Libertarians: What About The FAA Inspecting Planes?

[Yavin4]

If they're against government regulations and are willing to allow corporations to self-regulate, are they comfortable with the airline industry self-inspecting their planes without govt oversight?

Okay, I get it that the market will weed out the bad players. No one will fly on a bogus inspected plane. But what about the safety of the people on the ground when the damn planes fall out of the sky???

--On Edit--

I found my answer:

Private groups would likely evaluate each airline and make suggestions for safety improvement. Airlines would probably pay for inspections in the hopes of getting the ‘Seal of Approval’ from such organizations. Prudent consumers would fly only airlines that received high safety ratings; without such certification, an airline would be unlikely to survive.
Airlines lose money when lives are lost. They face lawsuits from victims or their families and loss of business from frightened consumers. Airlines therefore have great incentive to avoid safety problems. They have nothing to gain and everything to lose by killing their customers.

http://libertariananswers.com/what-about-the-faa/

Oh, just like it was okay to deregulate banking because the banks wouldn't want to lose money and their public reputation.

[WCGreen]

1. You gotta break a few eggs, you know....

to make an omelet

[Ikonoklast]

2. You are asking them to think. They cannot project the consequences from bad decision making.

They fail to understand that what they espouse has already been tried iin this country, with people dying as a result, over and over and over again.

Liberatrians are all immature thinkers.

[corkhead]

3. Free enterprise man,

If the un-inspected plane you are flying on crashes due to malfeasance, the invisible hand will weed them out for the rest of us when you stop flying on their planes because you are dead.