At 11:40pm on April 14, 1912 the RMS Titanic struck an iceberg on its maiden voyage. Two hours and forty minutes later it sank, taking 1,517 people with her. A total of 705 survivors in eighteen lifeboats were picked up the next morning by the RMS Carpathia. The tragic story of the Titanic is a microcosm of the failure of the capitalist system. More than two-thirds of the passengers died because the greedy Whitestar owners of the Titanic…..