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I agree, except why use the word "right"? There is no such right for businesses (although bailouts are a thing...).
by ahallock 5y ago
I agree, except why use the word "right"? There is no such right for businesses (although bailouts are a thing...).
- rbanffy 5y agoBailouts could be replaced by direct state acquisition of the business (at cost), IF it provides a benefit to society or its demise would create an irreparable loss.
- deleted 5y ago[deleted]
- aaomidi 5y agoAnd this is how it should be because bailouts are done with our money, which means the public need to have some level of control over them afterwards.
- landemva 5y agoBankrupty process is well understood. Let someone else pick up their physical assets at a good price and build back better.