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I think people want to live in a world where breaking a contract is a serious moral quandary. The notion of an oath is old, and has seemingly always resonated a

I think people want to live in a world where breaking a contract is a serious moral quandary. The notion of an oath is old, and has seemingly always resonated as sacred. It's one of those lawful aspects of society that make people feel safer and more capable of trust.

pmiller2 7y ago
They may want to, but the real world is one in which contracts are honored either to the extent that it's convenient, or that the penalties for not honoring them are worse than the result of doing so. In other words, "breach of contract" is basically a cost of doing business, especially for a corporation. And, if your counterparty doesn't have the resources to sue, you can get away with almost anything.
- richardfontana 7y ago
  Cf. https://en.wikipedia.org/wiki/Efficient_breach https://en.wikipedia.org/wiki/Efficient_breach