4 ms·
I don't see a problem in feeling good that a bad company failed and feeling bad that employees at that company are losing their jobs and going to suffer. Confli
by gxon 7y ago
I don't see a problem in feeling good that a bad company failed and feeling bad that employees at that company are losing their jobs and going to suffer. Conflicting emotions are a natural result of complicated situations.
This is part of why I think we need a much stronger economic safety net with UBI and universal healthcare. Too often, we protect objectively bad institutions and companies because of the very real need to preserve the jobs they provide. If involuntary job loss became a less disastrous event, we might be more keen to cut out waste and inefficiency in the system because we're no longer potentially destroying people's lives in the process.
- rexreed 7y agoThis is great insight. We protect bad companies because we want to protect good employees. In the process we reward bad management and bad investors and the good employees get shafted anyways.