25 ms·
Some employers/enterpreneurs going bankrupt is the definition of capitalism. If that wasn't the case, it wouldn't work for the betterment of everyone (as people
by loxs 6y ago
Some employers/enterpreneurs going bankrupt is the definition of capitalism. If that wasn't the case, it wouldn't work for the betterment of everyone (as people wouldn't strive to create healthy businesses). This is increasingly becoming skewed though (with government subsidies).
On the other hand, capitalism has this great thing where going bust is not the end of the world (or life), compared to previous eons.
A system which allows (and encourages) failing is great.