Fuel Injection - the computer can monitor O2 and fuel precisely resulting in much better efficiency.
ABS - a computer senses when your car is skidding and rapidly pumps the brakes so you can still steer.
ESC/Traction control - when loss of steering or wheel spin is detected it will automatically start braking to enable steering and stop the skidding
Unfortunately, that's not a good plan either. If you look at the place in which it's succeeded the most, the US, you'll still see lots of undesirable byproducts of unregulated business, like major income inequality and, consequently, a higher prison population. Not to mention the decline the US has been experiencing due to relying on unsustainable exponential growth. What I mean to say is that we're fucked either way, embracing or extinguishing the free market.
The prison growth has nothing to do with unregulated business, there is not even a correlation between regulation and prison population, or it would be decreasing. One of the few things that does correlate with prison population is single parent households. When children of single parents are corrected for there is little difference in crime rates between blacks and whites, 70% of children in juvenile prisons are from simple parent households, 80% of inmates are from single parent households. Many of these studies were done in the 90's when only 25% of children were raised by single parents, while now the number is over 40%, which would correlate with the growth in prison population. CEO's making 6 or 7 figure salaries are not causing it there is not evidence to even correlate it.
Yes. However... this is not a result of socialism per se... it's a result of cronyism. There are quite a few Venezuelan companies which have not been targeted like this. There are plenty of stable social democracies around the world.
It's is one of the byproducts of socialism, you have to have a central body in charge to determine what is fair an what is not. Fairness is a subjective measure doled out by imperfect humans corrupted by their power.
In the socialist countries that are not complete failures their economy only survives in spite of their governments measures. This is true in many smaller European countries where the poor live in another country, the successful outnumber the unsuccessful so the unsuccessful are not a huge burden on the economy. Larger countries like the US can not afford that as there are too many people not paying into the system.
Auto manufacturers would be liable if they could be shown to be grossly negligent (for example releasing a firmware without due testing), but otherwise the user will pay.
They will be forced to pay damages plus pain and suffering in this case.
The random "bug that slipped through duly diligent testing and goes on to kill someone" will just be one of those things that insurance covers.
That is a manufacturing defect and the manufacturer will be responsible for the damages, they will not have to pay for pain and suffering in a case like this. Manufactures are all ready responsible if they make a mistake that leads to damage or death, that is why recalls are issued to mitigate the number of lawsuits for their faulty products.