I feel the current system of overbooking and how it is "regulated" is backwards, and airlines should rethink. Perhaps they could do some sort of an auction without a maximum. It is their problem after all, and a market mechanism seems a reasonable way to deal with this. Sometimes this would mean someone who does not care as much will gladly take $150 as compensation. Other cases might lead to much higher numbers. The…
The problem with your logic is giving private companies complete rights over your physical person once you enter their plane will (and does as shown by the incident) lead to abuse for profit. There was no security issue, there was no emergency, there was no legitimate reason to remove this person from the plane. The abuse and physical harm of a passenger was done entirely in the name of saving a few dollars by not se…
And he wasn't abused. He was told to leave multiple times by airline crew as well as security. He refused every time and forced security to drag him out. Whereupon he accidentally hit his face on an arm rest.
It's not abuse for profit. We all benefit from cheaper refundable fares from the overbooking system. We also benefit from having our flights not be canceled when the air crew isn't able to show up on time.