I’m not sure what we should be waiting for. The time for the free market to fix Boeing and “capitalism” (read: don’t regulate us please) to save the day would have been before Boeing killed 400 people in plane crashes.

I get that the idea of self-correcting markets are very appealing. But there are a ton of situations where they don’t work or don’t fix all of the problems they cause. Those situations are under the general umbrella of market failures. This particular market failure would probably be classified as adverse selection or more general information asymmetry.