Unfortunately, business failure is part of a laissez faire economic philosophy (i.e. let things take their own, natural course without interference). It's also

Unfortunately, business failure is part of a laissez faire economic philosophy (i.e. let things take their own, natural course without interference). It's also part of life-- the cycle of creative destruction. Some businesses will fail (for whatever reason). New ones will step in to fill the void-- perhaps very similar ones, or ones somewhat similar to those they replace. I think of it as economic evolution. The world outside of those businesses has evolved-- if those businesses and their management are not simultaneously evolving, then they risk being left behind. I think the covid-19 situation has exposed weaknesses in the economy, which will be shored up-- but not without painful economic corrections. "No one seems to care" Eh, the reality is that the owners, families, and adjacent/partner/affiliate companies may care. Other people care-- about other things which are higher priorities from them (things which you may not be aware of). Ultimately, those businesses may have failed in part because their owners/management didn't care enough to evolve their skills and offerings to what is in demand in the economy (outside of the impact from covid, of course). To be honest, if you really want to understand economics, you might not be trained to the degree necessary-- i.e. diesel mechanic does not equal knowledgeable economist. So, you are allowed to have an opinion, but others like myself might remind you that it is not a qualified economic opinion, but rather the opinion of a mechanic. For example-- Do you take investment or other economics advice from your local mechanic? Do you think others would? I certainly wouldn't. As such, if I were a mechanic, I would not have confidence in my assessments of economic situations-- instead I would read the thoughts of those who I am confident are knowledgeable on the topic. Assertions are easy to make. Valid assertions depend on knowledge, experience, data, perspective, etc.